What's New in Payments

Urban Airship analysis of retailers’ mobile wallet coupons and loyalty cards reveals widespread peer-to-peer sharing

Urban Airship analysis of retailers’ mobile wallet coupons and loyalty cards reveals widespread peer-to-peer sharing — Urban Airship — “Analysis of more than one million Apple Wallet coupons and loyalty cards of major retail brands shows that for every mobile wallet pass a customer installs, it is shared and added to 3.3 other mobile devices on average… More than three-quarters of retailers’ installed passes were the result of sharing versus being created and distributed through their marketing channels.”


What's New in Payments

Westpac shock as Apple bans its messaging payments app after three months

Westpac shock as Apple bans its messaging payments app after three months — Australian Financial Review — “The iPhone maker surprisingly ordered Westpac to remove a key feature of its recently revamped mobile banking application, which let customers make payments in popular chat applications… In a letter to customers, seen by The Australian Financial Review, Westpac reveals that its Westpac Keyboard function will be removed in July.”


What's New in Payments

Danske Bank brings Apple Pay to customers in Northern Ireland

Danske Bank brings Apple Pay to customers in Northern Ireland — Danske Bank — “Richard Caldwell, managing director of personal banking and small business at Danske Bank, reflected: ‘There has been a clear demand from customers for us to integrate Apple Pay, and I am delighted that we are now offering it. It is a great addition to our already strong online offering and will further improve customer experience.'”


What's New in Payments

Punchh brings Apple Pay to restaurant loyalty program

Punchh brings Apple Pay to restaurant loyalty program — Punchh — “Users visiting participating restaurants will soon be able to not only pay for their purchases, but earn and redeem rewards and loyalty points using Apple Wallet… Brands including Smashburger, Quiznos, and MOD Pizza will be offering Apple Pay with the Punchh integrated solution starting later this year.”










Xiaomi and Apple tie for the top position as the wearables market swells 17.9% during the first quarter, according to IDC

Xiaomi and Apple tie for the top position as the wearables market swells 17.9% during the first quarter, according to IDC — International Data Corporation — “The worldwide wearables market maintained its upward trajectory during the first quarter of 2017 (1Q17) with Xiaomi and Apple leading all companies and multiple products experiencing double- and triple-digit growth.”


What's New in Payments

OCBC Bank launches cashless QR code payments with its first standalone mobile payments app

OCBC Bank launches cashless QR code payments with its first standalone mobile payments app — OCBC Bank — “The new standalone OCBC Pay Anyone app brings together all OCBC Pay Anyone services and enhancements – peer-to peer e-payments, QR code payments and access to OCBC Pay Anyone integrated with Apple iPhone’s Siri and iMessage – into a fast and easy onestop access to e-payments.”


Control Ikea Home Smart products with Amazon Alexa, Google Assistant and Apple’s Home app

Control Ikea Home Smart products with Amazon Alexa, Google Assistant and Apple’s Home app — Ikea — “Ikea is adding functionality to its smart lighting range by enabling people to voice control their lighting with Amazon Alexa and Google Assistant and to set up and adjust lighting using Apple’s Home app and Siri voice commands. This takes Ikea one step closer to making smart home technology accessible for the many.”



What's New in Payments

Apple Pay violates patents held by security technology inventor, lawsuit alleges

Apple Pay violates patents held by security technology inventor, lawsuit alleges — The New York Times — “A small Boston company, founded by the inventor of a popular corporate encryption technology called RSA SecurID, sued Apple and Visa on Sunday, arguing that the Apple Pay digital payment technology violates its patents.”


What's New in Payments

Tipping point for Apple Pay as majority of UK tills accept limitless payments

Tipping point for Apple Pay as majority of UK tills accept limitless payments — The Telegraph — “Jennifer Bailey, the head of Apple’s payments business, said over half of contactless payment terminals in the UK are now able to take Apple Pay transactions of any value. The company says Apple Pay transactions in the UK have grown by 300pc in the last year, with 23 banks now supporting the service.”



Disconnected experiences put customer loyalty at risk

Disconnected experiences put customer loyalty at risk — MuleSoft — “Nearly half of UK consumers (48 per cent) would be happy for banks to share their banking transaction history with a trusted third-party if it gave them a more personalised banking experience… Nearly a third (30 per cent) of UK respondents would consider using Amazon, Google, Facebook or Apple for banking services if it was offered, rather than using their standard bank.”