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Image: Bloomberg News
PHOENIX – Even though Apple has more than 500 banks lined up to support Apple Pay, including heavyweights like Bank of America and JPMorgan Chase, some bank executives are taking a decidedly defensive stance.
MasterCard is determined to take its tokenization technology for Apple Pay and spread the security method to many other payment products, including the card brand's own MasterPass digital wallet.  more »
Transactions have long been free for consumers, but AshePay is betting that consumers are willing to pay a $1 monthly fee to be part of a network that allows instant payments to vetted merchants.  more »
Disruptors
BBVA Uses 'Android Strategy' to Manage Apple Pay Adoption
PHOENIX – BBVA has had success in several markets with mobile wallets that blend Near Field Communication (NFC), loyalty and other technologies. But this week's launch of Apple Pay is challenging the bank to ensure its card app remains relevant.  read more »

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