Chase has added Touch ID authentication for iPhones (5s, 6 and 6 plus), becoming one of the first U.S. banks to offer the feature. Chase also plans to offer a fingerprint authentication for the Chase Mobile App for Android later this year.
Today, there are a total of 37 mobile money services in Latin America, accounting for roughly 14.9 million registered mobile money accounts, in 19 countries1 in the region. This includes seven new services launched in Brazil, Colombia, the Dominican Republic, Ecuador, Panama and Peru since 2014.
New Wallet unveiled a new Apple Watch app which will alert you when your keys or wallet are left behind or lost. New Wallet is an all-in-one wallet phone case and key tracker.
NCR’s Digital Insight is providing Touch ID functionality for mobile banking applications to its financial institution customers. Touch ID will be generally available later this year.
Apple Pay is on a major winning streak this week after corralling Best Buy in its fold, watching the Merchants Customer Exchange (MCX) implode as its CEO hits the door and finally coming to terms with Discover.
In today’s CardFlash News Que: DISCOVER (Apple Pay); CHARGE PAYMENT (i3Verticals); CALLAHAN/TRK (CCMS); and FREELANCER.COM (escrow.com).
Moderate percentage point gains in consumer smartwatch adoption can be expected over the next year if the Apple Watch follows historical patterns. It has been widely estimated Apple will ship 15 million Apple Watch devices its first year on the market.
Türk Ekonomi Bankası (TEB) has launched a new digital banking service, CEPTETEB (Turkish for “TEB in your pocket”). The new TEB mobile banking service was designed and developed by Monitise.
While some Apple Pay critics scoff at the low number of retailer locations available as its coming demise, others argue that writing off Apple Pay for its slow initial adoption misses the forest for the trees.
While the first release of Apple Watch will attract gold-standard customers: high income, younger, and extremely engaged in digital banking, payments, and shopping, the second wave of adopters will likely follow in 2016 year, which could be the real test for apple.
The five million members of the Fuel Rewards program can now link their loyalty, credit, debit and prepaid cards to their smartphones. These capabilities will be complemented by the May 2015 roll-out of the company’s next-generation card-linked offer (CLO) program, which allows members to link any debit or credit card to the loyalty program.
Acceptance of MasterCard consumer cards for Apple Pay is picking up more steam with the addition of 25 new financial institutions nationwide. In addition, cardholders with a MasterCard small business card from Bethpage Federal Credit Union or Navy Federal Credit Union can also now leverage Apple Pay.