Upcoming Conferences
7th Annual Mobile Banking and Commerce Summit
June 3-5, 2013
InterContinental Miami, Miami, FL
8th Annual Underbanked Financial Services Forum
June 5-7, 2013
InterContinental Miami
Miami, FL
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Swedish Banks Ditch Cash as Mobile, Card Payments Take Over
PaymentsSource | April 11, 2013If you're looking for Swedish cash, don't go to a Swedish bank. Most of the country's biggest lenders have stopped manual cash-handling services in 65 percent to 75 percent of their local branches. They say cash is out as Swedes rely on credit cards, the Internet and mobile phones to make all their payments.
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MCX Member CVS Shows the Potential of the Merchant Mobile Wallet
PaymentsSource | April 11, 2013The retailer-driven Merchant Customer Exchange mobile payments venture is making a lot of noise, though it has yet to reveal its product. But since the final MCX app will interact with those made by its individual retailers, CVS Caremark Corp. can serve as an early example of the venture's potential.
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MCX Makes Its Case for a Merchant-Led Mobile Wallet
PaymentsSource | April 10, 2013As the Merchant Customer Exchange asserts its position in the mobile wallet market, it emphasizes that the path to a consumer’s physical wallet runs through retailers.
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Virtual Piggy's New Mobile Director Faces Multi-Channel Challenges
PaymentsSource | April 10, 2013Virtual Piggy has two major challenges as mobile commerce expands. The youth-focused alternative payments provider has to tackle the generation gap between its users and the parents that supervise transactions, and it must maintain consistency between digital channels.
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Amex: Mobile Boosts Prepaid Cards, Empowers Consumers
PaymentsSource | April 9, 2013Emerging payments technologies like mobile banking and new prepaid tools present an opportunity to better serve the millions of unbanked and underbanked consumers in the United States, according to the president of global payments options at American Express.
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PayPal Confirms April Launch Date for Discover Partnership
PaymentsSource | April 9, 2013PayPal's long-watched partnership with Discover, which will allow Discover merchants to accept PayPal payments at the point of sale, is on track to launch April 19.
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McDonalds Plans Next Steps After Mobile Debit Test in Canada
PaymentsSource | April 8, 2013McDonalds' foray into mobile debit in Canada is helping spark a national expansion that includes broader adoption of the technology by issuers and merchants.
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E-Wallet Companies Adjust to MasterCard Registration Rule, Fee
PaymentsSource | March 20, 2013A pending MasterCard "staged wallet" fee, set to take effect in June, is setting a new tone for the emerging payments landscape.
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Samsung Galaxy S IV Launch May Reveal More of Visa Mobile-Pay Pact
PaymentsSource | March 11, 2013Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.
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MasterCard to Offer ‘MasterPass’ Digital Wallet
PaymentsSource | February 25, 2013MasterCard Inc. today announced MasterPass, a digital wallet that supports mobile payments at the point of sale and online payments without the need to type a card number each time.
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With Mobile Wallets, Retailers Like Google, Consumers Like PayPal
PaymentsSource | February 8, 2013Despite some glitches that are hampering vigorous adoption, the companies targeting mobile payments are finding success in forging brand connections. The problem is their connections are with narrow constituencies, and are often based on competencies beyond mobile payments.
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Mobile Wallets' Allure: Payments or Paper Trail?
PaymentsSource | February 8, 2013Mobile wallets showcase many features that could transform the way consumers pay, but for many users the most appealing feature is the ability to make sense of all their receipts.
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NYC Coffee Shop's Latest Blend: ShopKeep, LevelUp Mobile Payments
PaymentsSource | February 8, 2013ShopKeep, which provides an iPad point of sale system, began supporting payments from SCVNGR's LevelUp loyalty and mobile payment system this week. One early adopter is already reporting success with the combined system.
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Want to Boost the Economy? Use E-Payments, Moody's Says
PaymentsSource | February 7, 2013The use of electronic payments can have a positive impact on national economies, with nearly $127 billion added to the U.S.'s gross domestic product (GDP) in the past four years, according to a study conducted for Visa by Moody's Analytics.
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Visa CEO: V.me E-Wallet Gains Adoption, Adds Bank Partnerships
PaymentsSource | February 7, 2013Visa's V.me digital wallet is picking up momentum and the initiative is "right on the point of the spear" of the card network's product development strategy, Visa says.
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