Study: Women more likely to use cash

On a worldwide basis, women typically use cash 6 percent more often than men, according to a consumer payments survey by data and analytics company GlobalData. According to a press release, the company found that the majority of survey participants...

Study: Consumers expect certain features from bank apps

A new survey from mobile app developer WillowTree has found that consumers are looking to bank brand apps for specific features and value that enhance their experience with the brand. Even more importantly, according to WillowTree, meeting these expectations has...

MagicCube, ID Tech partner to bring hardware-free and PIN-on-Glass products to market

MagicCube, the creator of what it claims to be the world's only Software Trusted Execution Environment platform, and ID Tech, a point-of-sale payment peripherals maker, have announced a global partnership to bring to market a hardware-free product for secure card...

Apparel retailer takes a Stance against the traditional checkout process

California-based apparel retailer Stance has partnered with Moltin, an API-first digital commerce platform, to offer customers the ability to self-checkout on their smartphone's web browser, according to a press release. Stance rolled out Moltin's product this week at a Soho...

Mobeewave's brings mPOS product to the UAE

Network International, a payments product provider that services the Middle East and Africa, is set to rollout Mobeewave’s patented in-person contactless payment acceptance platform in the United Arab Emirates, according to a press release. MasterCard and IDEMIA also are involved...

TransferWise drops into Argentina with money transfer platform

TransferWise recently announced the official launch of its international money transfer platform in Argentina, according to a press release. TransferWise said it has enabled money transfers into Argentina from more than 60 other countries via desktop, mobile web and through...

Wirecard partners with Visa to drive digital financial technology

Wirecard and Visa this week announced they have signed a partnership agreement to collaborate on new products in the field of digital financial technology, according to a press release. Wirecard said that by combining its digital payment platform with Visa's...

WorldRemit joins forces with Nigerian bank for mobile transfers

Digital money transfer service WorldRemit is joining forces with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria, according to a press release. The strategic partnership considerably expands WorldRemit's footprint in...

Study: Digital commerce spend expected to reach $14.7T by 2022

A new Juniper Research study forecasts consumer spend on digital commerce will reach $14.7 trillion by 2022, up by 60 percent on last year's figure of $9.2 trillion, according to a press release about the report. The new research, Digital...

Study: Consumers balk at emerging payment options over security concerns

Consumer concerns about data security and privacy are hampering the move to emerging payments, according to Lost in Transaction: Payment Trends 2018, a report from Paysafe, a provider of payment products. Of more than 5,000 consumers polled for the study:...

Bank Customer Experience Awards accepting entries through June 15

Through Friday, June 15, Networld Media Group is accepting entries for the annual Bank Customer Experience Awards competition. The awards honor financial institutions and fintech providers whose unique strategies and technologies are heightening the consumer experience in four categories: Best...

Visa European outage makes for some fun Twitter chatter

Visa made a compelling (and ironic) case for cash over the weekend, when the network when down over a large swath of Europe and the U.K. on Friday just before the lunch hour. The VisaNewsEurope Twitter account reported that: We...

Diebold Nixdorf, MasterCard test cardless ATM services

Diebold Nixdorf is teaming up with MasterCard to pilot test two cash provision services — MasterCard Cash Pick-Up and Cardless ATM powered by MasterCard. With MasterCard Cash Pick-Up, banks can enable their ATMs to deliver cash easily and securely to...

Kount, Mobile Payments Today seek input from online retailers for fraud survey

The growth of mobile and online commerce has led to an increase in card-not-present (CNP) fraud. CNP fraud mitigation techniques often include strategies to decrease chargebacks, reduce false positives, minimize manual reviews and more. As such, Kount and Mobile Payments...

Ondot touts secure wallet payments as part of new digital card services platform

Ondot Systems has announced what it calls a comprehensive end-to-end digital card services platform for card issuers providing full card life-cycle management associated with the "digital card" in a single platform, according to a press release. Ondot’s digital card services...

Paysafe completes acquisition for iPayment to bolster payments processing

Paysafe Group, a global payments provider, announced Monday it has completed the acquisition of iPayment Holdings Inc., which was signed on April 12. California-based iPayment provides payment and processing products for small and medium-sized businesses and generated processing volumes of...

ABN Amro touts success with wearable payments test

ABN Amro might be on to something with its recent wearables pilot. The bank launched a pilot earlier this year in which 500 clients were asked to make payments using wearables. Of these clients, 78 percent of users now prefer...

WhatsApp Pay set to debut in India

Facebook reportedly is prepping to roll out its WhatsApp payment services in India as early as next week, according to a report from Bloomberg. WhatsApp is set to work with three banks in the region: HDFC Bank Ltd., ICICI Bank Ltd.

Mobile-only Starling Bank enables Google Pay in-app provisioning

Starling Bank, the mobile-only bank based in the U.K., claims it will be the first bank in the region to offer Anroid phone users the ability to setup Google Pay within the Starling app through the use of push provisioning,...

Tigo Pesa brings Masterpass QR to Tanzania

Mastercard and Tigo have announced that Tanzanians can use the Tigo Pesa app to make quick, easy and secure payments with Masterpass QR, according to a press release. The interoperable QR code product is live and ready for Tigo consumers...

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