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DMI, Wing Team Up on Cambodian Mobile Payments App
DMI Inc., a mobile technologies software developer based in Bethesda, Md., has announced a collaboration with Cambodia-based mobile banking provider Wing for a mobile app enabling consumer and commercial funds transfers within the country.  more »
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In the last decade, customer loyalty has extended beyond the bank to include an array of non-bank solutions for financial management, payment and lending. more »
Bloomberg News
HSBC may seem like an enthusiastic supporter of third-party wallets, taking the rare step of supporting Apple Pay, Android Pay and Samsung Pay. But these partnerships may prove to be mere stepping stones for a much bigger mobile strategy. more »
Bloomberg News
Payment Data Systems (PDS), a San Antonio, Texas-based payment solutions provider, has introduced a streamlined approach for mobile app developers to enable payment acceptance from all Apple Inc. mobile devices. more »
Bloomberg News
"We have worked with PayPal for many years and the relationship is good," Mastercard CEO Ajay Banga said.
There may be bumps along the way, but PayPal, Mastercard and Visa all share the same goal, according to Mastercard CEO Ajay Banga. more »
Bloomberg News
Seven months after disclosing a test enabling Venmo P-to-P users to buy goods and services in-app, the PayPal unit has rolled out the "Pay with Venmo" feature to all users and expanded the list of participating merchants. more »
Bloomberg News
Apple plans to enable Apple Pay on its Safari Web browser by this fall, enabling users to make purchases directly from websites, but its vision for taking Apple Pay to the Web does not seem to extend much further. more »
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International payment services provider Planet Payment and South Africa’s Absa Bank are expanding availability of Planet Payment’s Multi-Currency Pricing Solution through a new partnership with Xpressa, a Johannesburg-based company offering online and point of sale payment solutions. more »
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Mastercard has announced a partnership with Singapore’s mass-transit agency, Land Transport Authority (LTA), for a contactless payment pilot, marking the first example in Asia of a transit system enabling open-loop payments, Mastercard said. more »
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In many emerging markets, daily financial transactions—buying groceries, paying a utility bill, cashing a paycheck or billing a customer—are notoriously difficult. Banking institutions are few and far between, and large swaths of the population have little or no access to them. more »
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A year from now, Sionic Mobile will have distributed 100,000 free iBeacons to small businesses, a $1 million marketing play the company hopes secures its place among local stores as they start to adopt mobile technologies. more »
Bloomberg News
Now that Verizon has nailed down a deal to buy Yahoo's search and advertising business, it's starting to look a lot more like Google — and it might even have the tools to take a second stab at the payments industry. more »
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Visa plans to open a facility in Palo Alto, Calif., the latest in a series of technology-focused facilities designed to cement the card brand's role in the world of payments innovation. more »