Banking customers are hesitant to use mobile features due to fraud and security concerns. A new report reveals of those not using mobile banking at all today (36%), more than half of them (74%) cited security as the major reason, which could slow the overall adoption of mobile banking services during a time where mobile…
In Other News: ATOM (tickets); UNIONPAY (c-store); PARKMOBILE (CT); and ACI (FL). ATOM – Atom Tickets, the first-of-its-kind mobile movie ticketing platform, expands its service to moviegoers in more than 70 major metros across the U.S., including: New York, Chicago, Philadelphia, Boston, Washington, DC, Cleveland, Indianapolis, and Baltimore in collaboration with leading exhibitors AMC Theatres,…
In Other News: TNS (network); FISERV (CUs); PERK (earn-out); and DR (award). TNS – Transaction Network Services (TNS) has launched a dual diverse network for its dial payments traffic, giving acquirers full redundancy and fail over capabilities through one supplier relationship.The service, which is now live across the US and Canada, provides two different and…
Mobile card control functionality is converging at the intersection of fraud management and cardholder empowerment. Not surprisingly, card controls are expanding in an environment driven by people-centric mobile experiences. As a result, consumers are finding their card networks and issuers offering a wide-ranging choice of customized card controls that can be activated at the touch…
Seamless secures has inked an order in the Americas MSEK 5. It is the first order in the Americas. A telecommunications operator has placed an order to purchase the ERS360 transaction platform, which handles the electronic top-up of prepaid accounts for mobile phones. In the first phase, the order value will correspond to MSEK 5.…
Mozido announced 14 banks within the Taiwan Mobile Payment Co (TWMP) consortium have adopted its pioneering HCE technology. The remaining 12 banks will launch later this year. Mozido’s HCE solution provides a mobile wallet capability for TWMP that supports consumers using HCE cloud-based NFC phones. TWMP is one of the first significant HCE implementations globally,…
China’s UnionPay reports a number of daily-spending merchants in Canada start to accept UnionPay mobile QuickPass, which marks the debut of the service in North America. Previously, there have been over 220,000 POS terminals in Hong Kong, Macau, Taiwan, South Korea, Singapore and Australia that accept UnionPay mobile QuickPass. The merchants accepting mobile QuickPass this…
Bank Audi, Lebanon’s largest bank, has teamed with Verifone to provide thousands of merchants with point-of-sale (POS) devices designed to bring new payment and commerce capabilities to the country’s expanding retail market. The deal is part of the country’s retail infrastructure upgrade. Supporting Bank Audi’s merchant services in both countertop and mobile retail sales environments,…
Givex, a platform for customer engagement and operational efficiency since 1999, unveiled the new Scheduled Ordering module for its Vexilor POS (Point of Sale) system. This is an upgrade in functionality from the typical Order Ahead modules commonly used with other POS systems. Now, not only can restaurants and quick service chains offer Pick Up…
Adoption of universal mobile payment methodologies such as Apple Pay and Samsung Pay continues to lag in the United States compared to developed economies in Europe and Asia. Technology companies involved in the production and distribution of mobile devices (Apple, Samsung) have assumed the mantle of lead advocate, while many major banks and mobility network…
New research shows nearly 3 in 10 consumers expressed a willingness to adopt the mobile wallet payments alternative in the next six months. Unsurprisingly, baby boomers (ages 55 and older) were less willing to consider using mobile wallets in the next six months, with just 7% of this generation indicating a strong chance of using…
More than 60% of U.S. consumers own a tablet, nearly the same percentage as those who own a desktop computer. Despite this strong hardware adoption, early financial institution support, and broad use of mobile banking among tablet owners, the tablet as a banking channel tool has failed to live up to its early promise. A…
