NFC was losing steam in last couple of years after initial hype. There were half hearted attempts but as soon as Apple announced iphones with NFC, the entire segment looks like as if it’s on steroids right now. The boardrooms are busy these days in any company connected to NFC terminals or payments.
Monitise is powering a new suite of mobile apps for Turkish Airlines. Monitise has worked with Turkish Airlines since 2009, and designed and developed the airline’s previous ‘Fly Turkish’ apps for iPhone, BlackBerry, Java and WAP.
Boston-based LoopPay says its new LoopPay Card and CardCase enable secure mobile payments at 40X more locations than Apple Pay. The new products are usable at more than 10 million merchant locations in the U.S.
Atlanta-based Parkmobile USA has inked an agreement to establish a joint venture with SP Plus. The joint venture will combine two parking transaction engines.
Of the initial 500 financial institutions that have signed-up for Apple Pay and the two-thirds majority of credit unions, an estimated 90 of PSCU’s credit union member-owners are at the sponsor level. PSCU says the future of credit union relevance depends on how well credit unions understand and participate in the Millennial Shift and the digital revolution.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the ANZ First Visa. The card is issued Australia/s ANZ Bank..
MasterCard has launched the MasterCard Nearby App enabling on-the-go consumers to easily find the more than 220,000 merchants in the U.S. – including Subway, Toys R’ Us, Walgreens, Whole Foods Market and all Apple Store retail locations – that accept contactless payments.
Denver-based Connect POS announced the integration of its mobile point-of-sale app for iPad into the Intuit App Center. With this integration, iConnect POS becomes the first cloud-based point-of-sale (POS) system to be fully integrated with QuickBooks Online.
Market experts believe real-time ACH payments will become a reality in the U.S. within the next two years, based on a survey of 120 financial industry professionals. Momentum for faster payments has been accelerating with government call to action for the U.S. to adopt a real-time payment system within 10 years. The results of ACI’s latest survey highlight that the majority of industry professional respondents believe this vision can and will be achieved in far less time. ACI’s survey found 27% of respondents have not made a payment through their mobile device, somewhat surprising given that those surveyed are the same professionals pushing forward the ‘mobile revolution.’ Findings also show 70% believe real-time ACH payments will become a reality within the next one to two years and 92 percent within the next five years, 86% believe real-time ACH will add “significant” value to businesses and corporate bank clients and 34% rated social media’s importance to financial institutions as neutral to not important.
At Mobile World Congress last week MasterCard announced a collaboration between Deutsche Telekom, Telefónica Deutschland, Vodafone and TREVICA (a MasterCard owned company) to create a new mobile platform and accelerate the development of mobile payments in Germany. The three mobile operators represent 80% of mobile customers in Germany, which means that banks and financial institutions can hugely accelerate their ability to provide mass- market mobile payment services to consumers. Instead of connecting to individual mobile operators, issuing banks can now connect to TREVICA and have access to a number of mobile operators with one single integration to the TREVICA platform.
Ingenico is bringing together its European business (“Europe-Sepa”) and its Transactions business under the management of Pierre-Antoine Vacheron, EVP Sepa to build a leading payment service provider in Europe. Over the last twelve months, the Group has accelerated the implementation of its Transaction Services strategy, focusing on the combination of off-line (Axis, easycash) and on-line processing. Ogone has continued to grow significantly within the Transaction business unit, building on the common DNA shared by the various transactions activities within the region. With the integration of Ogone now well under way, Peter de Caluwe has decided to start a new professional project outside the group.
Corethree has formed a strategic partnership with Barclays for the inclusion of Barclays Pingit ‘mobile check-out’ in Corethree’s award-winning mobile wallet for transport ticketing. This is a UK first in mobile commerce and sees the cutting edge UK tech company Corethree become the first business to integrate Barclays Pingit mobile checkout. Wessex Bus’ Uniconnect network in Bath will go live with Corethree’s m-ticketing solution on Monday 23rd September 2013 as part of Bath University’s freshers’ week. Over the next 12 months, Corethree and Barclays will rollout their mobile payment services to other transport operators to reach as many as 1 million passenger journeys per day.