Mobey Forum seeks to help FIs understand mobile options

A white paper by the forum analyzes the impact of the secure element and the role of third parties, as well as current acceptance status and business models.

FEATURES


Retailers remain slow to embrace emerging payments tech

Although technology continues to enhance the customer experience, retailers are still guarded when it comes to embracing upgraded payment options.

Mobile payments: Innovative, but with security concerns

A study from Experian and the Ponemon Institute finds pause among payments ecosystem executives about how innovative technology could lead to more data security breaches.

April mobile payments 5 for 5: Facebook Messenger, EMV, HCE

It's time for a look back at the most-read articles on Mobile Payments Today in April to see what we can learn from them.

Canadian government extends code of conduct to mobile payments

Just before Apple Pay rumors began to circulate, the country's finance minister extended the Code of Conduct for the Credit and Debit Card Industry to mobile payments.

The rise of HCE-based mobile payments

Mobile Payments Today recently conducted a Q&A with a Sequent Software executive to discuss some issues regarding how HCE affects the mobile-payments industry going forward.

US EMV transition could open door to more NFC mobile payments

Merchants have until October to make the switch to POS terminals that accept chip cards. Many industry executives expect proximity mobile payments to get a boost since the new terminals also have contactless technology.

Mobile-centric narrative required for small merchant EMV adoption

Jordan McKee, senior analyst for mobile payments for the 451 Research Mobility Team, writes in a blog post about the opportunity for payment service providers to push mobile payments with small merchants as a reason to upgrade terminals for the EMV shift.

Mobile payments 5 for 5: Dissecting recent acquisitions

It's time for a look back at the most-read articles on Mobile Payments Today in March, and what we can learn from them.

Apple seeks to make mobile payments mainstream like it did for digital music and smartphones

Jim Maholic, vice president of industry consulting for Hitachi Consulting, discusses how Apple can change mobile payments like it did for other industries.

What will win the day for mobile wallets?

Josh Glantz, senior vice president of Mobiquity Networks, gave his take on what's needed for mobile wallets to grow consumer adoption.

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NEWS


Danish bank teams with Powa to enhance mobile payment features

Powa says that its PowaTag platform adds a new level of engagement to MobilePay, creating a way for Danske Bank to enable instant purchases through a variety of different triggers.

TMG reports strong issuer enrollment in Apple Pay

The payment processor expects that 50 percent of its issuer clients will be signed up for the NFC payment solution by the end of the year.

USA Technologies to equip M&M's Sales vending machine fleet for mobile payments

M&M operates 25 full-service vending routes servicing approximately 4,000 vending machines and single-cup coffee brewers, as well as a growing number of micromarket locations.

Mobile POS provider iZettle launches new device to accept mobile payments

The company's new hardware will support contactless payments in addition to chip-and-PIN transactions.

Oberthur to help power Samsung Pay in Europe later this year

Contracting with Samsung and Oberthur, banks will be able to offer their NFC payment card in the Samsung Pay application.

Mobile payments come to more Canadian wireless subscribers

EnStream announced MTS and SaskTel customers now have the ability to make mobile payments.

Apriva SDK gives POS software developers path to emerging payments acceptance

The SDK enables Android and iOS developers to support EMV, NFC and a wide array of the latest payment options, including Apple Pay, via their apps by connecting to Apriva’s secure payment gateway.

NXP, Qualcomm partner to accelerate NFC adoption

The agreement will enable the rapid introduction of NFC and embedded secure element on Snapdragon-based devices to meet market demands for increased functionality in a broad range of consumer applications.

Orange Cash expands mobile payments coverage in Spain

Orange Cash users now can make mobile payments at any contactless Visa terminal in more than 530,000 stores across Spain.

Issuers believe shift to chip cards will be almost complete by 2017

Eight financial institutions, representing approximately 50 percent of the total U.S. payment card volume, estimate that 63 percent of their credit and debit cards will contain EMV chips by the end of this year, expanding to 98 percent by the end of 2017.

Harbortouch selects Verifone for contactless EMV terminals

Harbortouch will use Verifone's VX 520 countertop payment terminal in combination with the VX 805 PIN pad to accommodate EMV and contactless NFC payments.

Industry organizations work to simplify EMV transition

Payments Security Task Force, PCI Security Standards Council and the EMV Migration Forum have launched educational and prequalification tools for resellers and software vendors.

Mooney succeeds Davidson as MCX interim CEO

Mooney was most recently CEO and a board member of Bank of America Merchant Services.

Best Buy accepts Apple Pay, still involved with MCX

Best Buy was one of several large retailers who did not accept Apple Pay at launch in October because it was involved with a competing system called CurrentC.

Chase Commerce Solutions, USA Technologies sign strategic pact

USA Technologies provides payment acceptance, including mobile, at various vending machines across the US.

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Near-field Communications (NFC) is a short-range high frequency wireless communication technology commonly used in contactless cards, mobile phones and passive RFID. Mobile payment applications include retail, public transportation ticketing and interactive advertising.