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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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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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Play ball: FIS works to modernize payments at minor league stadiums

FIS has announced an agreement with MiLB Enterprises LLC for FIS to be the official provider of financial business solutions to Minor League Baseball. The agreement enables FIS to provide [...]

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The impact of Amazon Go and the future of payments

Amazon Go has captured the imagination of retailers and consumers alike. What could the future of shopping look like if the checkout line goes the way of the dinosaurs and becomes extinct? Does [...]

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Chase agrees to purchase MCX technology

JPMorgan Chase intends to acquire MCX payments technology to help expand Chase Pay, the FI’s mobile and digital wallet, according to a press release. MCX, a network of America’s [...]

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MasterCard mimics direct carrier billing model with new Veon pact

MasterCard has announced a new business relationship with Veon, a communications provider, that will bring Masterpass to the new Veon platform. Veon provides voice, fixed broadband, data and [...]

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MasterCard launches directory to help customers with digital payments

MasterCard has launched its Digital Vendor Directory, a compilation meant to provide more options for MasterCard customers seeking digital payments services and products, according to a press [...]

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Gulf Oil to add Masterpass payment option to new mobile app

MasterCard has announced plans to integrate Masterpass into Gulf Pay, a new new mobile payment application from Gulf Oil, according to a press release. The new offering, powered by P97’s [...]

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Inside the mobile-only, on-demand market (and gig economy)

“Smartphones are making us fat.” I told my girlfriend this the first time I rode with her while she delivered food for Postmates, the popular on-demand food delivery app. Postmates, [...]

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Report: 20B connected devices by 2020

Gartner Inc. forecasts that 8.4 billion connected things will be in use worldwide in 2017 — up 31 percent from 2016 — and will reach 20.4 billion by 2020. Total spending on endpoints and services [...]