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Archive for December, 2015

What to expect in mobile payments in 2016

Wednesday, 30 December, 2015
Will Apple Pay still be the clear winner in 2016?

Will Apple Pay still be the clear winner in 2016?

The proliferation of digital payment options has prompted countless merchants to deploy contactless terminals for in-store shoppers this year, suggesting that 2016 will see brands focus on leveraging mobile wallets to better cater to customers in real-time.

With Apple Pay taking over …read more

Source:: Mobile Commerce Daily feed

Can US Retail Banks Survive The Mobile Revolution?

Monday, 28 December, 2015

What would you miss more for a day, your wallet or your mobile phone? Some 54% of US consumers who Bain & Company surveyed recently chose the phone, and in China and South Korea, that share rose to more than 75%. It’s just one marker of how mobile has evolved …read more

Source:: Forbes – Technology

What is mobile’s role as Starbucks expects record gift card sales?

Thursday, 24 December, 2015
Screen Shot 2015-12-23 at 3.44.32 PM

With Starbucks expecting to sell a record number of gift cards today, mobile is likely to play a bigger role in how those cards are purchased and redeemed, especially among millennials and male customers.

While physical gift cards are still preferred over digital cards, there is growing comfort levels with redeeming …read more

Source:: Mobile Commerce Daily feed

PayPal’s One Touch sees significant use in a boost for platform

Wednesday, 23 December, 2015
0819PayPalOneTouch_opt185

PayPal’s multichannel payment solution One Touch has generated more than 10 million users in its first eight months, alluding to a potentially promising future as a mobile payment competitor.

The payment service is aimed to make cross-channel purchasing, especially on mobile, a more streamlined experience, and its recent results show consumers …read more

Source:: Mobile Commerce Daily feed

TCF Bank swipes in Android Pay for broad mobile payments play

Tuesday, 22 December, 2015
Android Pay is finally gaining traction

Android Pay is finally gaining traction

TCF National Bank is enabling its debit cardholders to complete transactions with Android Pay, underscoring the need for financial institutions to cater to non-iOS customers seeking to leverage mobile payments.

The subsidiary of TCF Financial Corporation is following consumer demand by integrating the payment platform for …read more

Source:: Mobile Commerce Daily feed

A Third of Card Payments Globally Use EMV Chips: Report

Monday, 21 December, 2015

One in every three card-present transactions globally from July 2014 to June 2015 involved an EMV-chip card, according to EMVCo. …read more

Source:: Payments Source – Processing

JetPay Plugs Into Credibly’s Lending Platform

Monday, 21 December, 2015

JetPay Payment Services, a unit of JetPay Corp., is working with the lending platform provider Credibly to give JetPay’s distribution network access to Credibly’s technology. …read more

Source:: Payments Source – Processing

Can DBS Make Banking Joyful?

Monday, 21 December, 2015

“When one of our guys came up with the idea that our purpose should be to make banking joyful, I nearly threw him out of the room,” said Piyush Gupta, CEO of DBS Group, who runs Singapore and Southeast Asia’s largest bank. …read more

Source:: Forbes – Technology

Technology M&A in 2016: Macro and Enabling Trends Predictors

Monday, 21 December, 2015

In 2015, we saw record-setting technology M&A – at extremely high valuations (which reminds me of the other dot.com valuation bubble). …read more

Source:: Forbes – Technology

Target eyes own mobile wallet as payments habits begin to change

Monday, 21 December, 2015
Will Target launch a mobile wallet?

Will Target launch a mobile wallet?

Target is reportedly working on its own mobile wallet, borrowing a page from Walmart as the need to address consumers’ growing demand for smartphone services takes on greater urgency.

The news coming so closely on the heels of Walmart Pay’s launch suggests both retailers feel MCX, …read more

Source:: Mobile Commerce Daily feed