PARTNER NEWS: Digital payment solutions provider Proxama has gained certification from Google to deliver a range of consumer experiences that utilise the Eddystone open beacon format, after passing the technical requirements to demonstrate full stack integration... More
Digital payments
ClearXChange to rebrand as Zelle
Early Warning’s bank-led digital payments network ClearXChange is set to change its name to Zelle... More
Singapore aims for cashless society
Singapore plans to reduce the role of cash and checks by encouraging banks to switch to digital payments, according to the Monetary Authority of Singapore’s (MAS) Ravi Menon... More
US vending supplier to offer mobile payments
US consumers will soon be able to make mobile payments at vending machines belonging to American Food & Vending, by tapping their device against a Bluetooth Low Energy (BLE) plug-in dongle provided by digital payments enabler PayRange... More
Mastercard and Visa join ClearXChange
Mastercard and Visa have joined Early Warning’s peer-to-peer network ClearXChange, allowing US consumers to send money to others using their Mastercard or Visa credit and debit cards... More
Mastercard takes majority stake in VocaLink
Mastercard has entered into a definitive agreement to acquire 92.4% of UK payments infrastructure operator VocaLink for approximately £700m (US$920m)... More
Masterpass to enable in-store NFC mobile payments
Mastercard has unveiled an enhanced version of its Masterpass digital payment platform, adding in-store NFC mobile payment capability to the service that has so far only been available for online and in-app payments. More
Capital One joins ClearXChange
Customers of Capital One in the US can now make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange... More
ING and KBC to combine mobile payments and loyalty in Belgium
ING and Belgian bank KBC are to launch a mobile payment and loyalty platform in Belgium that will combine ING’s Payconiq mobile payment app with loyalty platforms Qustomer and CityLife in a single service. More
Wells Fargo joins ClearXChange
Customers of Wells Fargo in the US will soon be able to make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange... More
Visa seals deal on Visa Europe acquisition
Visa has completed its acquisition of Visa Europe... More
JPMorgan Chase joins ClearXChange
JPMorgan Chase has joined its US rivals in letting its customers transfer money in real time between financial institutions signed up to bank-led digital payments network ClearXChange... More
Tesco to work on mobile payments with MasterCard
Tesco Bank and MasterCard are working together to “enhance mobile and digital payments” at the supermarket giant to make it easier for Tesco customers to pay... More
Visa signs up US banks for Visa Digital Commerce App
More than 40 US financial institutions have begun implementing the Visa Digital Commerce App, an issuer-branded mobile app that enables card management services such as account balance information, card controls and alerts... More
Australian digital payments to reach nearly A$1.9bn by 2020
Digital payments across Australia, including those made with a mobile device at the point of sale, will be worth A$1.897bn (US$ 1.42bn) by 2020, Frost & Sullivan predicts... More
38% of payments in Europe will be digital by 2020
More than a third (38%) of all payments made across Europe will be digital by 2020, MasterCard predicts... More
Nets and Carta bring tokenized mobile payments to Nordic and Baltic banks
PARTNER NEWS: More than 200 banks across northern Europe are now able to deploy token-based secure mobile payments services to their customers via a partnership between digital payments services provider Nets and Carta Worldwide... More
Under half of US small businesses aware of EMV
Some 43% of small business owners in the US are familiar with EMV cards, Capital One’s Spark Business Barometer has found, but just a third (34%) of those were accepting EMV cards as of August 2015... More
Gemalto and Mahindra Comviva scoop awards
PARTNER NEWS: Digital security specialist Gemalto and mobile financial services provider Mahindra Comviva have both picked up prizes in this year’s Juniper Research Future Digital Awards... More
‘Top priority’ for electronic and mobile payments
Fully converting payments to electronic, expanding card programs and adopting mobile/digital payments was the top priority for clients at the recent Bank of America Merrill Lynch Conference on Payments and Commercial Card... More