Banks in Australia want Apple Inc. to open its Apple Pay NFC controller to third parties, and while regulators weigh the case, U.S. banks are itemizing their own, related grievances as the mobile payments service nears its two-year anniversary.
Visa’s little-noticed purchase last year of a Silicon Valley-based rewards platform is playing a central role in a new loyalty program targeting Uber riders, starting in California’s largest cities.  more »
Credit card rewards programs were born in the heyday of plastic and paper. As payments go digital, banks will have to make sure their loyalty programs keep pace.  more »
FinTech Forward