The Federal Reserve Banks of Boston and Atlanta applaud the many efforts to standardize payment tokenization, except the part that there are in fact so many such efforts. The potential for confusion and, much worse, standards conflicts undermining token efforts—especially in mobile—is a great concern...
From its beginning back in May 2011, NFC-using Google Wallet has struggled to get customers, having to overcome a shortage of retailers supporting it and an even smaller list of phones supporting it. The Guardian decided to try and quantify how many are using it...
The security system associated with the soon-to-be-released Apple Pay has been nearly universally praised as a significant advance in helping mobile payments go mainstream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
It can seem in the three weeks since Apple Pay has rolled out, that the payments ecosystem has been in a competition to win the title of “Most Enthusiastic Apple Pay fan;” a competition that ensued when a certain Cupertino company entered the mobile payments/NFC...
Coming soon to a Square merchant near you: the ability to pay with bitcoin or Apple Pay. Square CEO Jack Dorsey recently told reporters in Square’s new Canadian home-base that Square’s next reader will come equipped to handle both alternative payment methods. Get the Full...
This week, 400 hundred MasterCard partners from Southeast Asia, Middle East and Africa gathered in Singapore to talk payments innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Just a few weeks ago we thought that a $500 bitcoin floor was the bottom of the barrel, but bitcoin has dipped even further, reaching a new low, down in the 400’s. This week bitcoin took a long fall down to $410.61 from $450.68.
As part of an effort to push its mobile payment app as deeply into retail as possible, China-based Tencent Holdings has increased the size of its minority ownership of a shopping mall and logistics developer. Get the Full Story Complete the form to unlock this...
The Federal Reserve Bank of Boston has created a working group to study the implications of using digital account tokens to replace card numbers, for both in-store and E-Commerce use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
