FIS: making a mark in mobile

Financial software giant FIS is sitting in the middle of the move to mobile, with its customers serving 21 million users. Doug Brown, senior vice president, e-banking, says that’s just the beginning.

Isis Goes Live (Nov. 14, 2013)

Three years after its initial unveiling, the Isis digital wallet has finally rolled out nationwide but Isis faces numerous competitors and a lingering uncertainty over NFC payments.

Prepaid Key to NFC Rollout in France (Nov. 11, 2013)

Mobile network operator Orange is teaming with Visa Europe in a strategic partnership to roll out its Orange Cash NFC-based mobile payments in France in the latest example of a prepaid card-based approach to contactless payment.

Orange and Visa team up on NFC payments in France

French operator group Orange has formed a strategic partnership with payment provider Visa to accelerate awareness and everyday usage of contactless payment technology in France. The operator has also launched a mobile prepayment solution called Orange Cash in the country.

Is Square Going Public in 2014? (Nov. 7, 2013)

San Francisco-based Square Inc.—one of many m-POS device providers, but the company with arguably the greatest name recognition—created buzz this week after a report that Square CEO and co-founder Jack Dorsey might take the company public.

Skrill goes global with mobile

Mobile payments company Skrill has launched a mobile app that it says can send money to anyone, anywhere in the world at any time. The app has several uses, including cross-border remittance payments to various countries in eastern Europe and around the world.

Report: Mobile Bill Pay Has $2.1 Trillion in Potential (Oct. 31, 2013)

More than 12.5 million Americans already are taking advantage of mobile bill payments, but the untapped potential of the market could be worth $2.1 trillion, according to a new report from Javelin Strategy & Research. That’s the total amount Javelin estimates Americans spend annually on seven essential bill types: open-loop credit cards, store-branded credit cards, […]

Looking to China’s Skipped Generation

China’s miraculous economic catch up since reform and opening up has created an unprecedented generation of consumers. The way this generation has adopted the on-line world in China is very different from that in the West.

Global mobile money transfer to top $10 billion in 2013

The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating cash transfer has led many service providers to focus exclusively on airtime top ups, the research firm reported.

Consumers don’t trust mobile payments study finds

Fewer than one in four of UK consumers would use their smartphone like a credit card to make payments even if they had the relevant app, according to a new survey carried out by YouGov on behalf of outsourcing firm Firstsource Solutions.

Ingo Money’s MDC Service with Visa Prepaid Goes Live (Oct. 24, 2013)

Oct. 24, 2013 Mobile deposit capture took a big step toward mainstream adoption in the prepaid industry with the announcement this week that Ingo Money Inc.’s mobile deposit capture pilot with Visa, which began last year, is officially out of beta. Ingo Money’s service enables consumers to deposit checks into their Visa Prepaid card accounts by […]

Next Stop, Contactless (October 2013)

Amid big transit rollouts in Chicago and Salt Lake City, Las Vegas is getting in on the action with a new pilot program enabling transit riders to pay bus fares with a tap.

FEXCO Acquires Mobile Payments Startup FLASHiZ (Oct. 22, 2013)

FEXCO, a provider of financial transaction processing, foreign exchange and outsourcing services based in Ireland, has acquired mobile payments and loyalty startup FLASHiZ, with BNP Paribas Personal Finance taking a minority shareholder stake in the Luxembourg-based company.

China’s Alipay Reboots Digital Wallet, Heads to Taiwan (Oct. 17, 2013)

China’s giant retail payments operator Alibaba Group this week announced plans to expand its Alipay online payment service to Taiwan and simultaneously unveiled key upgrades to Alipay’s digital wallet, significantly increasing customers’ options for online and offline purchases.

Blog: Mobile App Permissions: Scaring Users and Haunting Developers?

Please let me use your camera. Do you mind if I browse through your contacts so I know all your family and friends, and can call or text each at my discretion? To the uninitiated, these eerie questions read like a disturbed love note from a stalker. But these are common permissions requests for many mobile apps. Could they scare off users?

‘Square Cash’ Joins Crowded P2P Field (Oct. 16, 2013)

Square Inc. is wading into the crowded U.S. P2P field this week with Square Cash, taking a somewhat unique debit card-based approach versus competitors by enabling Visa and MasterCard debit cardholders to send funds to each other free of charge via email.