Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

(source: investopedia.com)

Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due
Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due
November 15, 2023  |  Mobile Wallets

The popularity of digital bill payments is increasing as more and more consumers seek convenience and efficiency in managing their finances. In “Digital Bill Payments:...

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Millennials Drive Mobile Adoption for Bill Payments
Millennials Drive Mobile Adoption for Bill Payments
November 14, 2023  |  Consumer Finance

In an increasingly complex finance environment where consumer services proliferate, consumers are searching for ways to gain control over their finances. One crucial aspect of...

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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Regulation

Will new rules governing digital wallets and apps blunt Big Tech innovations — or put desperately needed guardrails in place? The Consumer Financial Protection Bureau’s...

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Deserve Adds Digital Processing Capabilities to Credit Card Issuing Platform
Deserve Adds Digital Processing Capabilities to Credit Card Issuing Platform
October 24, 2023  |  Digital Payments

Deserve, a mobile-first credit card issuing platform, launched new digital processing capabilities that aim to help banks and credit unions transform digital payment experiences. The...

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Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
October 24, 2023  |  Credit Unions

The continued rise of contactless payments may be among the most notable payments trends of the year, and it could pave the way for innovations...

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Paytm Shrinks Losses as Loan Business Surges 64%
Paytm Shrinks Losses as Loan Business Surges 64%
October 20, 2023  |  Earnings

Indian mobile commerce and payments FinTech Paytm is seeing its expansion into new areas pay off. The company on Friday (Oct. 20) released quarterly earnings showing its revenues grow,...

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International Credit Union Day Spotlights Member-First Innovation
International Credit Union Day Spotlights Member-First Innovation
October 19, 2023  |  Credit Unions

In 1948, International Credit Union Day was created to celebrate credit unions around the world.  Since then, the third Thursday of every October has been dedicated to...

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Report: PayU Indian IPO Could Value Company at $7 Billion
Report: PayU Indian IPO Could Value Company at $7 Billion
October 10, 2023  |  IPO

Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for...

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Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
October 05, 2023  |  eCommerce

This year’s holiday shopping season will belong to mobile sales and buy now, pay later. That’s according to Adobe, which on Thursday (Oct. 5) released...

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