SumUp strikes mPOS deal with Chilean bank

Mobile point-of-sale provider SumUp and BancoEstado de Chile, the largest national bank of Chile, have launched a joint venture offering mobile card acceptance to small businesses, according to a press release. Through the newly formed joint venture, SumUp increases its...

Study: Consumers not happy with chatbots

While a good number of consumers, 72 percent, say online chat interaction makes for a more loyal customer and nearly a third will use chatbots, the experience is not very fulfilling. Just 15 percent of consumers are happy with chatbot...

Fraudsters set for busy Black Friday

With online purchases poised to exceed those in physical stores this holiday season, Black Friday 2017 could be the busiest day ever for cyberattacks on retailers, according to digital ID provider ThreatMetrix. This week, the company released its Q3 2017...

Micro-investing app Acorns lands PayPal integration

Acorns, a micro-investing app with some 2.4 million investment accounts, has announced that select U.S. PayPal customers will be able to set up and use Acorns within PayPal, with access for all U.S.

TSS launches hardware encryption support for mobile wallets

Trusted Security Solutions Inc., developer of the A98 ATM key management system, now supports FIs and card issuers with hardware encryption for mobile wallet applications, according to a report from ATM Marketplace, a Mobile Payments Today sister publication. TSS provides...

Reserve Bank of Australia concerned about rising merchant costs for contactless payments

The Reserve Bank of Australia is concerned about merchants' rising costs to accept contactless payments as more consumers in the country choose to pay with smartphones, according to local media reports. And the RBA is threatening more bank regulation if...

London fintech startup links with Barclays to test digital receipts

Flux, a London-based fintech startup, is partnering with Barclays to test the company's digital receipt technology with some 10,000 of the bank's customers, according to multiple reports. Flux has created a software program intended to link between transaction data, captured...

Garmin Pay now live on Garmin vívoactive 3 smartwatch

Garmin International and Fit Pay, a wholly owned subsidiary of NXT-ID, have announced that the Garmin Pay contactless payment feature is now live on Garmin's vívoactive 3 smartwatch and available to cardholders of issuing banks supporting the new service, according...

Paytm launches instant credit service via mobile wallet

Paytm, India's largest digital wallet based on the number of accounts, is partnering with ICICI Bank to offer instant interest-fee short-term credit through the service, according to multiple India media reports. At the moment, the credit offers are only available...

Fintech startup Payrailz debuts to help small FIs with payments

Payrailz, a digital payments provider offering advanced bill payment and money transfer products to banks and credit unions, has officially launched. The Connecticut-based company wants to help financial institutions succeed by offering a smarter, faster and more engaging payment experience...

Square jumps on the bitcoin bandwagon

Square is dipping its toe into the bitcoin waters and testing support by enabling some Cash app users to buy and sell the cryptocurrency, according to multiple media reports. "We believe cryptocurrency can greatly impact the ability of individuals to...

US Bank adds location service to mobile banking app

U.S. Bank has added location services to its mobile banking app, enabling Visa credit and debit card customers to use their phone's location to help verify that their mobile devices and credit or debit card are in the same location,...

Bango links with Nigeria MNO for direct carrier billing on Google Play

Bango announced it has launched direct carrier billing for Google Play users with mobile operator 9mobile in Nigeria, according to a press release. Through the 9mobile 9pay wallet, customers in Nigeria can pay media, games, apps and digital content in...

Australian FIs partner with eftpos network on Android Pay

Australia's domestic debit payments network, eftpos, has announced that some 2 million cardholders from ANZ and Cuscal can now use Android Pay to make payments with their compatible devices, according to a press release. ANZ and eight Cuscal-sponsored credit unions...

Visa launches program to help transit agencies with contactless payments

Visa has launched Visa Global Transit Solutions, a program designed to accelerate the use of open-fare contactless systems for mass transit commuter worldwide, according to a press release. "Visa played an important role in partnering with Transport for London," Michael...

Hatch Loyalty, Cardfree partner on retailer mobile wallet services

Hatch Loyalty is partnering with mobile commerce company Cardfree to bring personalized engagement and mobile wallet services to large retailers, according to a press release. The companies will provide gas stations and convenience stores order-ahead, stored-value, engagement and loyalty services....

Adyen adds Yandex.Checkout acceptance merchants in Russia

Payments platform Adyen has expanded its partnership with Russia's largest payment service provider, Yandex.Checkout, to enable retailers worldwide to accept the most popular payments methods in Russia and the Commonwealth of Independent States, according to a press release. "Adyen has...

Bango extends carrier billing for Amazon customers in Japan

Bango is expanding direct carrier billing availability to Japanese customers of Amazon Prime and Prime Student membership programs following the launch of direct carrier billing for Amazon retail customers in Japan earlier this year. Amazon customers with an NTT DOCOMO...

BNP Paribas intros WeChat Pay to Paris merchants

BNP Paribas is introducing WeChat Pay to retailers in France and subsequently across Europe, thus underlining its determination to support retail sector clients wishing to attract Chinese customers, according to a press release. BNP Paribas said it initiated the rollout...

Visa helps to bring contactless wearables to upcoming Winter Olympics

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices that fans and athletes will be able to use at venues during the Games in South Korea. "We are looking...

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3 trends for 2018: Safer data, faster payments, better experiences