Square invests $25M in ticket specialist Eventbrite

Square has announced a strategic partnership with Eventbrite, in which Square will drive Eventbrite's payments systems, including online, mobile, and in-person transactions. Additionally, to support Eventbrite's vision to power the world's largest platform for live experiences, Square has invested $25...

Study: Mobile banking helps consumers become more financially aware

The average consumer uses mobile banking an average of seven days per month (more than 10 days per month for millennials), according to Citibank's first mobile banking study. Eighty eight percent of consumers are mobile banking at home — on...

Starbucks enables account reloads via Apple Watch

Starbucks now is enabling Apple Watch users to reload their Starbucks Card account from within the coffee retailer's app for the device, according to a report at 9to5 Mac. Apple Watch owners could always pay with the Starbucks app on...

Starbucks in China welcomes Alipay acceptance

Alipay users in China can now use the mobile wallet to pay for coffee and food at all Starbucks locations in China, according to a report from Caixin. The move comes 10 months after WeChat became a payment option inside...

Fortumo, Orange extend direct carrier billing to Egypt

Mobile payments company Fortumo and mobile operator group Orange have announced the launch of direct carrier billing in Egypt, according to a press release. More than 30 million Orange subscribers in the country can now make payments on app stores,...

Drink Command makes it easier to self-serve, pay for beer

An Ireland-based company called Drink Command has released a new self-service draft beer system that enables customers to pour and pay for their drinks directly at the beer tap with the help of a full-service payment management system from Verifone,...

Study: Consumers OK with IoT payments, but want control over purchase

Nearly half of consumers in the U.S. polled for a Worldpay survey said they would feel comfortable with a connected device, such as a refrigerator, ordering items on their behalf, according to a press release from the company about the...

Thinfilm launches NFC Scanner app for iPhones

Thinfilm Electronics ASA, a provider of NFC mobile marketing and smart product products, has debuted its new NFC scanner app for iPhone users, according to a press release. With the release of iOS 11, Apple has extended the iPhone's NFC...

Access Softek adds Ondot Systems' mobile banking card control tool

Ondot Systems, a provider of mobile-based card services platforms, has integrated its solution with Access Softek to deliver a unified mobile banking and card control experience to financial institutions. According to a press release, the combined platform provides users with...

Middle Eastern video provider links with Fortumo for direct carrier billing

Video-on-demand platform Telly and mobile payments company Fortumo have announced a partnership for direct carrier billing that gives consumers that subscribe to the service the ability to charge payments directly to their monthly phone bill or deduct payments from their...

Swarovski's new VR app lets users buy goods via Masterpass checkout

MasterCard and Swarovski launched a virtual reality shopping app for the Atelier Swarovski home décor line, a collection of functional and decorative crystal home accessories. The app immerses consumers in a tastefully decorated home where they can browse and purchase...

Youtap debuts cloud service for mobile money and payments providers

Youtap is launching Youtap Cloud, a payment processing platform delivered as a cloud service for mobile money and payment providers in developing markets, according to a press release. Youtap Cloud enables real-time transaction processing for contactless mobile money and bank wallet payments.

Alipay expands to Nordic region with retailer pacts

Alipay has signed separate memorandum of understandings with Finpro (Finland), Svensk Handel (Sweden) and the Scandinavian Tourist Board, which will enable merchants across the Nordic region to accept payment via Alipay and reach Chinese customers before, during and after their...

Tencent launches mobile marketing tools for US retailers

Tencent is launching a suite of advertising products and resources that will enable U.S. marketers to directly engage Chinese consumers on Tencent platforms both in China and while they travel abroad, including on the company's popular social messaging app, WeChat....

Aldi to accept contactless payments at all locations

Grocery chain Aldi will now enable shoppers to pay for their items with any contactless payment method, including mobile methods such as Apple Pay, as well as plastic cards and wearables, according to a press release. "We're continually innovating to...

Study: Consumers not keen on facial ID for payments

A new survey by Juniper Research has found that more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a payment security technology, according to a press release. Contactless payment users consider...

Europeans lead charge with mobile banking, payments, according to Visa survey

The uptake of mobile devices to manage money, conduct banking and make payments is greater than ever in Europe as 77 percent of Europeans now use their mobile devices to keep track of their finances and make everyday payments such...

Consumers more comfortable with nonfinancial providers for bill pay, money transfers

A substantial number of consumers are comfortable using nonfinancial providers for essential activities such as paying bills, transferring money to others and taking out loans, according to the latest consumer trends survey from Fiserv. The survey also found notable adoption...

ABA survey shows American prefer online banking

Some 40 percent of Americans manage their bank accounts online more frequently than any other method, according to a recent survey conducted by Morning Consult on behalf of the American Bankers Association. One in 4 consumers (26 percent) use their...

Report: Ant Financial pushes forward with MoneyGram approval

Ant Financial is not giving up its desire to purchase MoneyGram as the China-based financial services company reportedly plans to resubmit an application to acquire the money transfer firm, according to a report from Reuters. The Committee on Foreign Investment...

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How the EA Star Wars video game fiasco can be a lesson for banking, fintech