Customers will be able to send money instantly to friends, family and service providers who bank at participating financial institutions.
According to the bank, the new app has the potential to reach almost 9 million consumers in Uganda.
The company will allow drivers to pay for parking by using an E-ZPass device.
In partnership with CO-OP Financial Services, RewardsNOW launched a loyalty program for its platform.
According to reports, Apple is interviewing senior executives in the payments industry to help create an electronic payments business.
Google wants to make a smartphone less attractive to theives.
The company will increase the amount of eligible products for subscriptions and add additional discounts.
Sources say that the company has lost roughly $340 million, $20 million was from the Starbucks deal.