Kohl’s introduces Kohl’s Pay, the company’s own mobile app. Customers can pay and accumulate and redeem rewards in one transaction, but the payment source is restricted to Kohl’s Charge cards.
The summer in the U.K. didn’t break any records for sunny spells, but it did for contactless spending. A threefold year-on-year increase was reported by data from the U.K. Cards Association. Also, the low value of the pound is pushing up spending in the hospitality...
PayPal seems fidgety as the company announces promotions and changes among its executives. William J. Ready, who has headed Braintree and Venmo, will be promoted to Operating Chief. PayPal is anxious to become accepted universally as a method of payment and has recently signed deals...
Monzo announced on Friday (Sept. 30) that users can now send money to friends and family via their voice. In a press release, Monzo said the new update, which was just released, integrates Siri on iOS 10 to make it even easier to send and receive money....
KCB Group, Kenya’s largest bank based on assets, is reportedly in talks with Facebook, Apple and Alibaba Group about working together on digital payments. In a Bloomberg report citing KCB Chief Executive Joshua Oigara, the news service reported the collaboration would happen through its financial...
Gemalto, the digital security company, announced on Thursday (Sept. 29) it has been awarded a contract by BankAxept, the national payment scheme of Norway, to enable all local banks to interconnect through a single credentials management hub for streamlined and secure management of mobile payments...
HCE Service announced on Thursday (Sept. 29) it launched its SWIM (Software Wireless Identity Module) host card emulation mobile payments platform, which it said provides a new level of trust and security via the use of public key infrastructure (PKI). In a press release, HCE said card issuers...
LG delays the launch of its mobile wallet until next year in its home country of South Korea. The company cited problems with the testing of its White Card. Samsung Pay, however, has a head start and has been gaining traction since 2015. Will expected...
Retailers are bullish on the holiday shopping season thanks to consumer optimism, but a bigger factor affecting their end-of-year sales could be the great expectations of mobile payments users. To cater to the mobile shopper, Home Depot is introducing chatbots, and Sam’s Club members can...