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

Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience

Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience
Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience
January 05, 2021  |  Banking

One could say that the payments industry hasn’t ever met a buzzword it doesn’t like – or pass up an opportunity to take one or...

READ MORE >
Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
January 05, 2021  |  Banking

The financial services ecosystem has evolved to a state where traditional financial institutions (FIs) and FinTechs, which once had been vying for the mind share...

READ MORE >
Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
January 04, 2021  |  Cryptocurrency

Payments provider Square has spoken out against a recent Financial Crimes Enforcement Network (FinCEN) rule that would require cryptocurrency service providers to keep more detailed...

READ MORE >
Venmo Offers Free Service For Cashing US Stimulus Checks Via App
Venmo Offers Free Service For Cashing US Stimulus Checks Via App
January 04, 2021  |  Disbursements

Venmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the...

READ MORE >
Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
January 04, 2021  |  Banking

Diem may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system...

READ MORE >
China’s CBDC  ‘Dress Rehearsal’ Sets Stage for Other Central Banks
China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
January 04, 2021  |  Payment Methods

For digital currencies, as goes China, so will go the world? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Banks Ask UK Treasury To Increase Limit On Contactless Payments
Banks Ask UK Treasury To Increase Limit On Contactless Payments
January 03, 2021  |  Digital Payments

The U.K. might up its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union...

READ MORE >
Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
December 30, 2020  |  Consumer Payments

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” Between the explosion of the digital economy driven by the...

READ MORE >