US bank Wells Fargo is expected to launch an NFC-based mobile payment service this week, according to the Los Angeles Times... More
Wells Fargo
Wells Fargo adds support for Samsung Pay
Samsung Pay now includes support for Wells Fargo credit and debit cards, resulting in the mobile payment service supporting cards from 70 banks and credit unions covering more than 70% of the US credit and debit card market... More
Bank of America and Wells Fargo to add NFC to ATMs
Bank of America and Wells Fargo are working on integrating NFC into their ATMs to let customers complete transactions using their smartphones and services such as Apple Pay, according to TechCrunch... More
JPMorgan Chase looks to NFC ATMs
JPMorgan Chase is to roll out ATMs that will let customers withdraw cash using their mobile phone... More
US banks head to mobile at the ATM
Customers of US banks Wells Fargo and Bank of America will soon be able to withdraw cash and complete transactions at the ATM using their smartphone... More
60% of US cards to support EMV by year end
Six in ten US payment cards (60%) will include an EMV chip by the end of 2015, research from the Payment Security Task Force shows, and that number will grow to 98% by the end of 2017... More
Google launches Android Pay in the US
Google has begun rolling out its Android Pay mobile payment platform across the US today. In-store NFC mobile payments using the system will be possible at more than one million locations within the next few days, with in-app payments and loyalty expected later this year. More
Less than half of US small businesses aware of EMV liability shift
Only 49% of small business owners in the US that accept point-of-sale card payments today are aware of the EMV liability shift on October 1, with just 29% intending to make the change before the deadline and 34% intending to do so afterwards. More
Almost one in six US consumers are using mobile wallets
Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile wallet functionality in the coming six months, a study released by market research and consulting firm Chadwick Martin Bailey has found... More
ClearXChange offers real-time payments
US bank-led digital payments network clearXchange’s real-time payments system is now available to all member financial institutions, allowing real-time transfers to take place within the same bank or bank to bank... More
Wells Fargo pilots face and voice authentication
US bank Wells Fargo is piloting a face and voice authentication system with 100 customers using its mobile app on their iPhones... More
Visa details Apple Pay setup process
iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says. More
Visa adds Checkout partners
Visa has signed agreements with a wide range of new partners that will make its new Visa Checkout service available to more than 4m online merchants across the US... More
US to get 575m chip cards next year
More than 575million EMV payment cards will have been issued by the end of 2015 by nine leading US card issuers who are members of the Payments Security Task Force (PST), an organisation set up in March 2014 “to drive executive level discussion that will enhance payments system security”... More
Visa Inc abandons digital wallet ambitions, Visa Europe to continue investing
Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just a few clicks”... More
Wells Fargo customers to get credits for paying with Isis
Isis is offering 15,000 Wells Fargo credit card holders a 20% credit on purchases and a US$20 statement credit if they sign up and make use of its NFC payments service... More
Wells Fargo to pilot Isis NFC payments
US bank Wells Fargo and Isis have announced the first phase of an agreement that will see customers with a Wells Fargo Visa credit card and an Isis NFC phone being able to load their card into their Isis Mobile Wallet and make purchases at merchants across the US... More
Visa reports 1m US chip cards
US financial institutions had issued one million Visa-branded EMV chip cards by the end of December 2011, the payments network reports... More
NFC news in brief • 30 May 2011
News in brief from the NFC world and beyond: Identive, NXP sign VAR deal • Huawei planning NFC phones? • Vodacom looks to NFC • NFC domain names on Ebay • US banks debut P2P payments • Samsung smashes Galaxy sales record • US theme park to offer next-gen shopping experience • Rhodes framework adds NFC support • and more… More
Bank of America adds BlackBerry phones to NFC trial
BoyGeniusReport has revealed details of a new invitation-only NFC payments trial to be conducted by Bank of America... More