News stories featuring Capital One:
October 25th, 2016
Consumers like the majority of mobile payment apps on the market and expectations of digital banking and payments are rising, according to a survey of user reviews of America’s flagship apps. ARC — the research arm of digital experience testing company Applause — found Chase leads the mobile banking industry, taking both top spots across banking and payment apps, while Citi and Capital One improved dramatically.
August 10th, 2016
Mastercard and Visa have joined Early Warning’s peer-to-peer network ClearXChange, allowing US consumers to send money to others using their Mastercard or Visa credit and debit cards. The payment networks join Capital One, Bank of America, US Bank, JP Morgan Chase and Wells Fargo in supporting the service, made available to all member financial institutions in June 2015.
July 18th, 2016
Mastercard has unveiled an enhanced version of its Masterpass digital payment platform, adding in-store NFC mobile payment capability to the service that has so far only been available for online and in-app payments.
July 12th, 2016
Customers of Capital One in the US can now make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange. The bank joins Bank of America, US Bank, JP Morgan Chase and Wells Fargo in supporting the service which was made available to all member financial institutions in June 2015.
May 26th, 2016
Google has added a further 47 banks and credit unions to its list of Android Pay supporting financial institutions. Capital One was originally amongst the banks added to the updated list, according to Android Police, but was later removed.
March 15th, 2016
Capital One customers can now check their balances, pay bills and track their spending by talking to Alexa, the virtual assistant on Amazon’s Fire TV and Echo home shopping device. “You’ll need to download the Alexa app on your smartphone,” Capital One says. “When you have the app open, tap Skills in the menu and search for Capital One. Then click Enable and follow the prompts to enter your Capital One username and password so Alexa can access your account information.”
October 26th, 2015
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.”
October 15th, 2015
Capital One has become the first US bank to enable NFC payment capability within its own mobile app to allow customers to pay at any contactless terminal using their mobile device. The service makes use…
October 5th, 2015
Some 43% of small business owners in the US are familiar with EMV cards, Capital One’s Spark Business Barometer has found, but just a third (34%) of those were accepting EMV cards as of August 2015. 54% of those familiar with EMV are “unaware” that businesses will be liable for fraudulent charges incurred on other payment systems and 6% will increase investment in digital payment solutions such as Apple Pay.
October 1st, 2015
Six in ten US payment cards (60%) will include an EMV chip by the end of 2015, research from the Payment Security Task Force shows, and that number will grow to 98% by the end of 2017. Task Force members include Bank of America, Capital One, Chase, Citi, Discover, First Data, MasterCard, Visa, US Bank and Wells Fargo.
September 10th, 2015
Google has begun rolling out its Android Pay mobile payment platform across the US today. In-store NFC mobile payments using the system will be possible at more than one million locations within the next few days, with in-app payments and loyalty expected later this year.
September 9th, 2015
Google and Samsung are among the first digital partners to join MasterCard’s newly launched Digital Enablement Express program which aims to speed up the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement…
June 17th, 2015
Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile…
June 16th, 2015
US bank-led digital payments network clearXchange’s real-time payments system is now available to all member financial institutions, allowing real-time transfers to take place within the same bank or bank to bank. Bank of America, Capital One, Chase, US Bank and Wells Fargo are expected to roll out the service to customers over the next year.
February 26th, 2015
Luxury fashion retailer Neiman Marcus has launched a mobile wallet in partnership with Capital One to let its customers make in-store payments using their mobile phone and a preloaded credit card. “Customers can simply open the NM Mobile Wallet and generate a QR code with a click of a button,” the retailer says. “All Neiman Marcus Group stores, including Neiman Marcus, Bergdorf Goodman and Last Call, are equipped with the technology to use the NM Mobile Wallet for in-store purchases.”
October 20th, 2014
Apple Pay is a “very important breakthrough”, Capital One founder and CEO Richard Fairbank has told analysts during the card issuer’s third quarter earnings call. Capital One decided to sign up for the launch of the program because it “offers good opportunity and upside for us”, he added. “We’re focused on delivering an exceptional user experience to our customers.”
October 17th, 2014
iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says.
September 9th, 2014
UPDATED The new iPhone 6 and iPhone 6 Plus will include support for NFC, Apple has announced. The NFC functionality will let users make Apple Pay mobile payments in stores.
August 21st, 2014
More than 575million EMV payment cards will have been issued by the end of 2015 by nine leading US card issuers who are members of the Payments Security Task Force (PST), an organisation set up in March 2014 “to drive executive level discussion that will enhance payments system security”. Members of the PST include Bank of America, Capital One, Chase, Citi, Discover, First Data, MasterCard, Visa, US Bank and Wells Fargo.
February 19th, 2014
MasterCard is to publish a new specification during the first half of 2014 that uses host card emulation (HCE) for NFC mobile payments — avoiding the need to have access to a secure element on…
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