Fitness wearable maker Fitbit has launched Ionic, a smartwatch that will combine health and fitness functions with the ability to make contactless Visa, Mastercard and American Express payments as well as payments using the wearer’s Starbucks Card account... More
More than a third of US consumers (36%) are now using person-to-person (P2P) mobile payment services, with millennials leading the way at nearly double that rate (62%), research released by Bank of America reveals... More
Android Pay has been integrated into the mobile banking apps of “several banks around the world” so that users can add their cards to the mobile payment service with “just the click of a button”. The feature will also work for those who have not installed Android Pay on their handset, giving them access to “the capabilities of Android Pay” without having to leave their mobile banking app. More
Samsung has unveiled its latest Galaxy S8 and S8 Plus flagship devices, with support for iris and facial recognition technology and a fingerprint sensor which is now located on the back of the phone. Samsung Pass deals with major banks, an expansion of Samsung Pay to include online payments and details of its Bixby virtual assistant have also been announced. More
Nineteen US banks have launched Zelle, the mobile P2P money transfer service unveiled last October to compete with the likes of Venmo, allowing users to send money directly to each other’s bank accounts within minutes... More
A digital assistant that makes use of artificial intelligence, predictive analytics and cognitive messaging is to be built into Bank of America’s mobile app from next year... More
America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports... More
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... More
Samsung Pay users will soon be able to secure purchases by scanning their eyes with the Galaxy Note 7, the latest addition to the Korean phone-maker’s pen-oriented line up. More
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. More
Customers of Capital One in the US can now make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange... More
Two out of five US consumers (40%) have or would use in-store mobile payments, up from 34% in 2015, research from Bank of America reveals... More
Microsoft has introduced an NFC payment feature for users of Windows 10 Mobile devices in the US through its Microsoft Wallet app... More
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