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The offline and online worlds collide at Amazon’s bookstores

This place is weird. That was my first thought as I walked around one of Amazon’s new bookstores. The company recently opened one in Chicago’s Lakeview neighborhood and I was eager to [...]

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MasterCard tests biometric EMV card

MasterCard has unveiled what it is calling the “next generation biometric card,” combining chip technology with biometrics to verify the cardholder’s identity for in-store [...]

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Partnership to let Wells Fargo customers make mobile payments via PayPal

Wells Fargo & Co. has announced that its retail customers soon will be able to use PayPal to make purchases with their NFC-enabled Android device at participating merchants whose payment [...]

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FINANCIAL SERVICES WEEK AHEAD APRIL 24 to APRIL 28

HOUSE FINANCIAL SERVICES COMMITTEE:   Hearing entitled “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs” Full Committee April 26, 2017 at [...]

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Talking With: Gemalto’s Jack Jania about EMV at the fuel pump

The card networks decided late last year to show some mercy on fuel operators and pushed back their EMV deadline to Oct. 1, 2020. One of the primary reasons for the extension is simple: The fuel [...]

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Report: Mobile contactless users to reach 150M in 2017

The number of OEM-Pay contactless users, including Apple Pay, Samsung Pay, and Android Pay, will exceed 100 million for the first time during the first half of 2017 before surpassing 150 million [...]

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Infinite Peripherals secures First Data approval for EMV device

Infinite Peripherals has been certified by First Data to accept mobile EMV payments via its integrated payment framework, according to a press release. The InfineaPay mobile EMV payment [...]

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The new payment future: 3 technologies leading the way

By Bill Nuti, CEO and Chairman, NCR Corp. Changes in consumer behavior continue to be rapid, disruptive, and largely driven by technology influences, such as mobile devices, big data, the cloud, [...]

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Some US banks lack awareness of faster payments initiatives

A survey of 430 financial institutions in the western part of the U.S. revealed low awareness and adoption of faster payments products, according to a press release . The survey by WesPay, a [...]

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AI may one day be the modern bank teller

A new Accenture survey reveals four in five bankers believe artificial intelligence will be the prime channel for customer interaction by the year 2020. The technology, according to a New York [...]

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