More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call... More
PayPal-owned payment processor Braintree has announced its support for the UK launch of Apple Pay via its v.zero SDK that will allow merchants to add the mobile payments service as an online checkout option alongside PayPal, credit and debit cards... More
American Express has launched an online checkout service that works across desktop, mobile and native apps to let its US card members make payments with their existing American Express user ID and password, without having to create or manage a new account... More
Some 82% of US consumers have heard of contactless or tap-and-go payments and 69% are now using chip cards or plan to use them soon, research from MasterCard reveals... More
Barclays has become the latest bank to announce its support for Zapp, a mobile payments startup formed by payments infrastructure operator VocaLink that will work via an integration with existing mobile banking apps for online payments initially, with in-store payments based on NFC to be launched at a later date... More
Chinese e-commerce giant Ant Financial has completed a Series A financing round that values the company at more than US$45bn and makes the Chinese government a stakeholder, New York Times reports... More
MasterCard is to test a system that will approve online purchases with a face or fingerprint scan later this year... More
Indonesia’s largest smartphone and tablet manufacturer is to pre-install a mobile wallet on up to three million of its mobile devices annually, allowing users to make QR code-based in-store payments, online payments and P2P funds transfers using a platform supplied by mobile wallet provider Cellum... More
US consumers will soon be able to reorder supplies and control their home appliances using Amazon Echo, the connected device that uses voice recognition to complete spoken commands to shop, play music, read the news and more... More
Chinese e-commerce giant Alibaba and Alipay parent Ant Financial have each invested RMB3bn (US$483m) into Koubei, a joint venture that will let consumers order and pay for local services in China using their smartphone, “with an initial focus on the food and beverage segment”... More
The Mobile Payments Industry Workgroup (MPIW) of the Federal Reserve Bank of Boston has published a white paper providing an overview of the current US payment tokenization landscape for mobile and digital commerce... More
MasterCard is to extend its tokenization services to merchants with in-app, ecommerce and recurring billing card-on-file programs as well as to private label credit cards... More
Facebook has extended its ‘buy’ button pilot to US retailers using the Shopify commerce platform... More
Zapp, the UK mobile payments startup formed by payments infrastructure operator VocaLink, has confirmed that it will launch its service in the autumn of this year, with NFC in-store payments to follow... More
US houseware and home furnishing retailer Williams-Sonoma has launched a four-part video series that uses YouTube’s new “shoppable” technology to allow its online shoppers to buy the showcased products with a click through Visa Checkout. The first video is now live online while the following three will follow later this summer... More
Pinterest has demonstrated how developers could place ‘action buttons’ inside the app that would let users buy items or add them to wishlists... More
Spanish bank BBVA has updated its BBVA Wallet app, allowing customers to use their mobile phone to limit plastic cards for ecommerce or ATM withdrawals, as well as turning cards ‘on’ and ‘off’ at any time... More
NTT Docomo has become the world’s first mobile network operator (MNO) to deploy Fido authentication throughout its network, allowing it to replace passwords for millions of customers across its services with a range of enhanced authentication methods including both fingerprint- and iris-based biometrics... More
Some 44% of UK consumers are prepared to switch bank accounts to access mobile payments if their current bank is unable or has no plans to offer the service, while a third (33%) of these consumers plan to do so within the next year, a survey for mobile payments provider Zapp reveals... More
France’s second largest banking group BPCE is to pilot a payment card that replaces the three-figure security code on the back of the card with a mini-screen that displays a code which automatically changes periodically... More