BioConnect and VoiceVault inked a partnership to integrate VoiceVault’s voice recognition software with the BioConnect Identity Platform mobile solution. The BioConnect and VoiceVault partnership will transform identity verification; users respond to a short visual or audio prompt with their spoken voice as part of one central, scalable Identity Platform that encompasses multiple biometric types. The…
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…
The Abra smartphone app is available on iPhone and Android in the U.S. Abra is a digital wallet using blockchain technology that allows people to store digital cash on their smartphones and send it to anyone else with the app. Recipients in both the U.S. and the Philippines can withdraw their cash to their bank…
New research discovered smartphone users shown digital advertising at point-of-sale are more apt to pull out their iPhone to make a purchase, and even spend more during the transaction. USA Technologies (USAT) tested whether targeted point-of-sale advertising of Apple Pay acceptance would increase usage of mobile payments by consumers. Initial findings by USAT show targeted,…
Turkcell has added a new smartphone to its own-branded smartphone family T-Series and T Tablet. T70, Turkcell’s brand new, LTE-compatible smartphone, supports LTE speeds of up to 150 Mbps while Turkcell network offers the fastest LTE speeds available on commercial devices on the back of LTE Advanced Pro and carrier aggregation technologies. T70 comes with…
UK-based financial inclusion specialist Accion has inked an investment deal with Aire, a UK-based credit scoring startup. Aire uses a proprietary artificial intelligence process to ultimately help banks lend to new, qualified borrowers. During an online interview, the company’s collects and validates applicant-provided data to evaluate profession, education, and financial knowledge. Accion made the investment…
Jiffy, the service developed by SIA to send and receive money in real time via Smartphone, has surpassed 300,000 registered users. The average value of a single transaction is €44 and around 50% of the transfers are for sums under €25. About 23 bank groups, of which 4 since the beginning of 2016, have subscribed…
Milan-based Jiffy, the service developed by SIA to send and receive money in real time via Smartphone, has surpassed 300,000 registered users. The average value of a single transaction is €44 and around 50% of the transfers are for sums under €25. Jiffy, the P2P payments service by SIA, has surpassed 300,000 registered users More…
Singapore-based United Overseas Bank (UOB) has become the first bank in Asia-Pacific region to implement the Visa Token Service. The bank is integrating the Visa Token Service as part of its digital wallet UOB Mighty.
The first practice-management software offering a Patient Pay-by-Text option to dental offices nationwide has arrived.
After an 11% drop in expected holiday spending from $1,014 in 2013 to $900 in 2014, consumers plan to spend 3% more in 2015.
The nation’s largest credit union service organization, in terms of number of credit unions, assets and members, has jumped on Visa Checkout and MasterPass bandwagons.