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All Wells Fargo ATMs enabled for cardless access starting this week

Starting this week, Wells Fargo customers who use the FI’s mobile banking app on their smartphone will be able to access cash without their bankcard at any of the FI’s 13,000 ATMs [...]

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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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25 percent of consumers favor smartphone banking, study finds

Nearly one third (30 percent) of U.S. adults would feel comfortable using a voice-activated conversational interface (e.g., Siri from Apple or Alexa from Amazon) to pay a bill or transact other [...]

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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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What makes a great mobile app: Inside the mobile-only, on-demand market (and gig economy)

If you’ve followed me through the first two parts of this series, you’ve learned a little bit about how mobile apps, such as Postmates, work from both a consumer and an employee [...]

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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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How emerging payments impact merchant acquirers

By Tracy Metzger, COO, Vesta Corporation With the landscape of payments acceptance constantly changing and new disruptive technologies entering the market, a merchant acquirer must be constantly [...]

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Mobile wallet spend expected to rise in 2017

Global mobile wallet spend is expected to rise nearly 32 percent this year to $1.35 trillion, according to a new Juniper Research study. The report, “Mobile Wallets: Service Provider [...]