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Mobile and Emerging Payments

10.18.17

Circle centres itself for digitally connected wallets

Payments services provider Circle has introduced Centre, an open source project built on blockchain and designed to connect multiple digital wallets to process money transactions.

10.17.17

Wells Fargo launches mobile “tap and pay” functionality at 5,000 ATMs

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”.

10.16.17

Alibaba sets aside $15bn R&D war chest to be a world beater

How do you try and become one of the biggest and most influential technology companies in the world? Just move the $15 billion you have stashed away into the R&D business.

10.06.17

GPS Goes for Luxury Payments with Wearables for Armillion

Pay Award-winning Global Processing Services (GPS) this week announced an agreement with luxury jewelry brand Armillion to incorporate contactless payment technology into its exclusive high-end bracelets.

10.06.17

NACHA Pushes on with API Payments Dream

NACHA, the backbone for the electronic movement of money and data in the U.S., and its Payments Innovation Alliance, have named the first five APIs for their big payments push.

10.04.17

RGCA Expands Membership, Preps for Next-Gen Gift Cards

The Retail Gift Card Association kicked off its inaugural RGCA Forum in Kansas City, Mo., this week, tackling myriad subjects from gift card fraud to keeping consumers engaged with the No. 1 preferred holiday gift.

10.04.17

Barclays US Tests Personal Finance Tool

Barclays US is dipping its toe into the financial health business, testing a personal financial management tool that aggregates all of a customer’s Barclays credit cards, personal loans and savings products—as well as accounts with other banks—in one place.

10.04.17

Starling Bank Expands with Business Accounts

The competition to serve the financial needs of small businesses is heating up in the U.K., where consumer banking challenger Starling Bank is expanding into the business market,

10.03.17

Snapsheet, KeyBank Launch Virtual Insurance Payouts

Snapsheet, a provider of virtual claims technology for the insurance marketplace, is partnering with KeyBank, a top 30 U.S. bank by assets, to launch an electronic payment solution for insurance claims.

10.03.17

Live Oak, First Data Form Digital Banking JV

International paytech firm First Data and a bank in North Carolina, Live Oak, have partnered to form a new digital banking joint venture (JV) called Apiture.