Some 31% of Americans who use a mobile banking app access the service at least once a day and more than four in five use it once a week or more, according to new research from Bank of America. Six in 10 respondents are not yet comfortable with the idea of using their smartphone as a wallet in the future, however, the survey found. More
Almost 70% of Americans believe that EMV chip technology makes their debit and credit card transactions more secure, with only 5% feeling chip cards make their transactions less secure, a new survey released by NXP Semiconductors has revealed... More
US check printing company Deluxe Corporation has introduced the Deluxe Mobile Checkbook, a new app that will let small business owners send and receive checks using their mobile device... More
US startup Sensory has unveiled a biometric security solution that enables individual apps on a consumer’s smartphone to be secured via voice verification, facial verification or, for higher security applications like mobile payments and banking, a combination of the two... More
The next generation of Android, unveiled at the Google I/O developer conference, will offer mobile payments, banking and commerce providers a wide range of new functions... More
A guide to host card emulation (HCE) and SIM-based NFC payments options has been produced by Consult Hyperion, in conjunction with GSMA... More
Groupement des Cartes Bancaires CB, the French bank card association which pioneered the use of chip cards for payments in the 1980s, expects to enable member banks to issue customers with keyfobs supporting fingerprint payments by the end of this year... More
Enstream, the NFC platform provider set up by Canadian carriers Bell, Rogers and Telus, has selected BlackBerry to provide it with a secure platform that financial institutions will be able to use to provision payment card data onto consumers’ NFC phones... More
PayPal co-founder Max Levchin has raised US$45m for Affirm, a startup that lets retailers offer a credit option to online shoppers... More
Usage of mobile banking technology provider Malauzai Software’s debit card on/off service, which allows customers of its financial institution clients to use their mobile phone to activate and deactivate their debit card on the go, has increased 850% in the last six months, the company reports... More
Russia’s Alfa-Bank has introduced a new savings account linked to an activity tracker, which rewards customers who exercise more with a higher interest rate... More
Finland’s banks are inviting proposals to replace their existing urgent payment system with a real-time system operating 24 hours a day, every day... More
Mobile authentication provider Authentify is to provide a way for banks, payments networks and other secure service providers to make use of the fingerprint scanner built into the Samsung Galaxy S5 to add an extra layer of security to mobile transactions... More
Customers at 45 Total gas stations in Uganda can now use their Airtel Money account to pay for fuel and services as well as make in-store purchases with their mobile phone... More
Russia’s Sberbank, Europe’s third largest bank with more than 100million customers, has begun piloting NFC payments in Moscow using embedded secure elements... More
Deutsche Telekom’s MyWallet NFC platform is now available to customers of Slovak Telekom, a Slovakian carrier majority owned by Deutsche Telekom... More
Kenyan mobile network operator Safaricom has now signed up 122,000 merchants for Lipa na M-Pesa, a service launched in June 2013 that enables Kenyan consumers to use the funds stored in their M-Pesa mobile money account to pay for goods in stores... More
“Building a Foundation for Mobile Payment”, a white paper from Datacard, explains why banks and other card issuers must advance their mobile payments strategy quickly and demonstrates the benefits of taking a white-label approach to mobile payment platforms... More
Poland’s Planet Cash shared ATM network is to allow users to withdraw cash with finger vein biometrics, network operator ITCard has announced... More
TD Canada Trust, the retail banking arm of the Toronto-Dominion Bank, has become the first in Canada to offer an NFC mobile payment solution that is supported by the country’s three major wireless networks: Bell, Rogers and Telus... More