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Upcoming Conferences

22nd Annual Card Forum & Expo
May 16-18, 2010
Hyatt Regency Grand Cypress, Orlando, FL

Mobile Banking and Emerging Applications Summit
June 6-8, 2010
M Resort | Las Vegas, NV

18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV

A news service of PaymentsSource and American Banker

  • Citi Sees Weak Demand For Mobile P2P Transfers, For Now

    American Banker | March 18

    Citigroup Inc. is learning many consumers today do not share its enthusiasm for mobile payments.

  • MasterCard’s ATM Hunter Gets Mixed Reviews

    PaymentsSource | March 17

    MasterCard Worldwide for years has offered ATM Hunter only on its Web site, but interest in the ATM-finder service skyrocketed when the card brand made it available for smartphones, says Cheryl Guerin, MasterCard senior vice president, U.S. and digital marketing.

  • PayPal Looks For An iPhone 'Bump'

    PaymentsSource | March 17

    PayPal Inc.'s new iPhone application is more than a payment system — the company is also trying to make it easier for people to use the app as a cash replacement.

  • MasterCard Launches ATM Finder For Blackberry Phones

    PaymentsSource | March 15

    MasterCard Worldwide today launched an ATM-finder application for Blackberry smartphones, nearly a year after the card brand rolled out the same free downloadable, customizable application for the Apple iPhone.

  • Barclaycard, Orange Reportedly Plan To Deploy NFC Phones

    PaymentsSource | March 12

    Barclaycard reportedly plans to deploy mobile phones enabled with Near Field Communication payment technology in conjunction with France-based mobile-network operator Orange during the second half of this year.

  • With Mobile Model Playing Well In India, Citi Turns To U.S.

    American Banker | March 12

    A mobile payments business model Citigroup Inc. tested in India has proven a hit among all the key players, even wireless carriers.

  • Visa Execs: Mobile Payments And Global Markets To Drive Future Growth

    PaymentsSource | March 11

    Visa Inc. is looking outside the U.S. for growth and hopes to derive more than half of its revenues from international markets within the next five years, executives from the card company today told investors gathered in San Francisco for its annual Investor Day presentation.

  • Tio Networks Launches Mobile Bill-Payment Service

    PaymentsSource | March 11

    Tio Networks, which today announced the planned launch of a mobile bill-payment platform, estimates it will generate 20% of its revenue from the service by 2011, according to the Burnaby, British Columbia-based expedited bill-payment processor.

  • Target Offering Coupons Via Phone

    American Banker | March 11

    Target Corp. has begun delivering coupons to customers' mobile phones.

  • China Mobile Buys 20% Bank Stake To Develop Mobile-Payment System

    PaymentsSource | March 11

    China Mobile plans to purchase a 20% stake in Shanghai Pudong Development Bank for 39.8 billion yuan (US$5.7 billion or 4.2 billion euros) as part of its plans to develop a mobile-payment system in the country, China Mobile announced on March 10.

  • India Citibank-MasterCard NFC Pilot Yields A Few Clues On Mobile Coupons

    PaymentsSource | March 11

    One of the world’s largest trials of Near Field Communication payments, which Citigroup Inc. and MasterCard Worldwide launched last year in India, provided a glimpse into the challenges of incorporating merchant-sponsored product discounts and coupons within mobile payments.

  • Ireland’s WorldNet Debuts Virtual Terminal For IPhones

    PaymentsSource | March 10

    WorldNet, an Ireland-based online payment gateway, says its virtual payment-terminal application released this week for Apple Inc.’s iPhone is the company’s first, and it plans to add chip-and-PIN capability to the software in later versions.

  • Firethorn Mobile Application Enables Account Access At More Than 3,700 Institutions

    PaymentsSource | March 5

    Firethorn Holdings LLC is offering consumers free access to their accounts at more than 3,700 financial institutions through a single mobile application, according to the Atlanta-based mobile-service provider.

  • VeriFone Gaining Mobile Merchants With iPhone App

    PaymentsSource | March 3

    Merchants appear to like VeriFone Holdings Inc.’s PayWare mobile-phone payment service on Apple Inc.’s iPhone and their customers are completing big-ticket purchases using the devices.

  • Nokia, Yes Bank To Conduct Mobile-Commerce Pilot In India

    PaymentsSource | March 3

    Nokia Corp. plans to team up with Mumbai-based Yes Bank to plot Nokia Money, a mobile-commerce platform, in India, a Bangalore-based official at the Finnish Handset Maker tells PaymentsSource.

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