PayTech


American Express Goes Mobile in Uber Deal (June 10, 2014)

Uber, the global service that connects drivers with riders, has integrated American Express’ membership reward points into its iOS app, giving consumers another way to use their mobile devices to pay with American Express.

Cachet App to Expand FirstView’s Mobile Presence (June 10, 2014)

On the heels of its March acquisition of the moneto mobile payment platform from DeviceFidelity Inc., Minneapolis-based remote deposit capture specialist Cachet Financial Solutions announced it will be developing a prepaid mobile app for cardholders of FirstView, an Atlanta-based program manager and processor.

Banks: get your act together or fail, EBAday conference told

Banks are paying lip-service to the concept of customer service and are years behind on innovation – and unless they literally get their act together by collaboratively embracing open software libraries and sharing applications and data, they will not survive.

Company on the Move: paysafecard.com Wertkarten AG, Award Recipient

In addition to being the 2014 Paybefore Awards Europe winner in the Consumer Champion category, paysafecard.com Wertkarten AG, which is part of the Skrill Group, also has been included in The New Economy’s list of top 40 most innovative companies in the world.

The challenge of intraday liquidity reporting

Reporting on the management of intraday liquidity risk will start on a monthly basis from 1 January 2015 to coincide with the implementation of the liquidity coverage ratio reporting requirements. Christian Goerlach of Deutsche Bank, takes a closer look at some of the issues facing global banks.

ISO 20022: where next?

An question that continues to be asked is will the increased adoption of ISO 20022 facilitate the consolidation of payments clearing utilities and see the introduction of new services for customers? This suggests that despite the fact that ISO 20022 has been around for more than decade, confusion still exists over what it is.

Aktif Bank Turkey targets cross-border payments

Turkey’s largest investment bank Aktif has begun using international payment services from specialist Earthport, in a move the bank says will help its corporate and retail customers to get a better deal on their cross-border payments.

Standard Chartered Bank and SingTel launch mobile ATM app

Standard Chartered Bank and Singaporean incumbent telecoms operator SingTel have launched a new mobile money service called Dash, in which customers can move money onto their mobile device and then use it to make payments without ever coming into a bank branch.

Q&A with Ben Kaplan, CashStar

More than six months into his new gig, CashStar’s CEO explains why the biggest potential for digital gift cards may lie in promotions, loyalty and customer service.

Citi names finalists for Latin America Mobile Challenge 2014

Citi has chosen the ‘headliner’ finalists for its mobile innovation competition in Latin America, the Mobile Challenge LatAm 2014, which aims to bring together individuals and companies with innovative ideas to create applications for Citi’s Latin America mobile banking platform.

MasterCard Launches SASSA-Like Program in Pakistan (June 2, 2014)

Building on its experiences from the rollout of the South African Social Security Agency initiative in 2012, which provides millions of South Africans a secure way to receive social grants, MasterCard has announced the launch of a similar program in Pakistan.

ATM Report: Cash is King at Local Shops (June 2, 2014)

While recent reports are showing a decline in cash transactions, convenience store and gas station owners can increase customer loyalty, foot traffic and sales by installing an ATM, according to a survey of consumer habits in the U.K.

Forget ‘mobile first’: are we heading for mobile-only banking?

The speed at which the mobile market evolves is staggering. Just as we started to look at mobile first, where banks need to align their services and strategies to cater for mobile before desktop or other traditional channels, the notion of mobile-only is now creeping to the fore.