Tech firm preps payment system for Chicago Skyway

LocoMobi, a provider of parking and transportation technology, has announced plans to provide a payments system for tolls at the Chicago Skyway Toll Bridge, according to a press release. LocoMobi said its license plate recognition technology will be the backbone...

Daimler Financial Services to acquire PayCash Europe

Daimler Financial Services AG announced it will acquire the electronic payment services provider PayCash Europe SA, an e-payment company which offers solutions for cryptocurrencies, according to a press release. By gaining a foothold in the e-payment business, Daimler AG will...

Customer loyalty requires a retail transformation, reveals IBM study

New IBM research reveals retailers must transform fast if they hope to inspire customer loyalty as consumers are busy shopping on their phones, online and in stores. While nearly all Generation Z shoppers, 98 percent, still hit brick-and-mortar retailers, more...

BMO Harris expands mobile wallet options

BMO Harris Bank has announced that its customers can now add the bank's payment cards to Android and Samsung wallets, and that the bank is launching its own BMO Harris Bank Masterpass Android app, powered by MasterCard. "We are constantly...

Mobile-only banking startup adds consumer lending capabilities

Varo Money, a mobile-only banking startup, has announced the launch of consumer lending via its mobile app, according to a press release. Varo said it will issue credit products in several states through its own lending licenses. The company said...

Mobile POS company iZettle adds China UnionPay acceptance

Stockholm-based iZettle has announced the addition of UnionPay, one of the world's largest card networks, to its range of accepted credit and debit cards. The company's mobile card reader, iZettle Reader, is the first of its kind to accept UnionPay...

Alipay expands in-store mobile payments to North American retailers

Alipay has announced the expansion of its in-store mobile lifestyle and payments service to the North American retail market, enhancing the shopping and travel experience of Chinese consumers visiting the U.S. and Canada, according to a press release. In time for the Chinese New Year, which this year falls on Jan.

MasterCard delivers mobile platform to farmers in Africa

MasterCard has launched 2KUZE, a digital platform that connects smallholder farmers, agents, buyers and banks in East Africa. The card network said in a press release that the system enables farmers to buy, sell and receive payments for agricultural goods...

Walgreens links rewards program with Android Pay

Walgreens is linking its rewards program to Android Pay with the help of point-of-sale terminal provider Equinox Payments, according to a press release. Equinox claims to be the first terminal provider to implement the Android Pay reward-tracking technology across all...

ANZ replaces lost or stolen cards instantly via mobile wallet

ANZ customers can continue to use their digital wallet even if they've reported their physical card lost or stolen, thanks to a new service that automatically generates replacement card data, according to a press release. As soon as a customer...

Mobile payments joint venture launches in India

A mobile payments joint venture headed by Bharti Airtel is now now live in 29 states across India, according to multiple media reports. Bharti's Airtel Payments Bank is working with Kotak Mahindra Bank on a plan to build what the...

ICX Association looks to ‘elevate’ the state of customer experience with annual awards

Nomination deadline for the association's annual awards is March 15, 2017.

PayPal partners with Discover for expanded digital payments

Discover Financial Services and PayPal have signed an agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants, according to a press release. The agreement gives PayPal access to Discover tokenization services, expanding PayPal's reach at the point...

Fifth Third adds Android Pay, Microsoft Wallet to the mix

Fifth Third Bancorp customers can now add payment cards to Android Pay and Microsoft Wallet, according to a press release. This is in addition to the FI's existing digital and mobile wallets, which inlcude Apple Pay, Masterpass and Samsung Pay....

Verifone, FIS to enable consumers to pay with loyalty points via credit, debit card

Verifone and FIS have announced a partnership to enable consumers to pay at the point of sale using loyalty points linked to a credit or debit card, according to a press release. Verifone has developed a new application called Verifone...

Mobile POS provider iZettle completes funding round

Mobile point-of-sale provider iZettle has raised 60 million euros ($63 million) in funding and appointed a new chief financial officer, Maria Hedengren, according to a company press release. The latest round of funding comprises equity from existing investors in a...

GK Software launches mobile customer engagement platform in US

GK Software has announced the U.S. launch of its mobile customer engagement platform, according to a press release. The platform includes QR code payments, personalized promotions, loyalty points tracking and redemption, and access to customer data. GK Software said that...

Fishbowl links with Android Pay for easy loyalty and coupon redemption

Fishbowl, a customer engagement platform provider for the restaurant industry, has announced an integration with Android Pay to provide easy loyalty, coupon and promotions management for restaurant industry clients. Fishbowl said in a press release that the collaboration with Android...

Disney Magicband-style experience coming to Carnival cruises

Princess Cruises, a global cruise line and tour company, announced last week at CES in Las Vegas that it will be the first Carnival Corp. brand to feature the Ocean Medallion, a contactless wearable device that vacationers can use to...

The mobile banking dilemma: Android platform leads Apple iOS for better — and worse

Statista, a provider of quantitative research tools and statistics, has published its rankings of computer operating system vulnerabilities. The No. 1 most vulnerable OS doesn't even rate a drum roll, since the world already knows it's Android. The platform comes...

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