• Should FIS be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
The number of payment cards issued via digital card issuance platforms worldwide will increase from 500m in 2023 to more than 1.3bn by 2027, according to a Juniper Research forecast... More
Customers of Walgreens in the USA can now use their payment card loyalty points to make full or partial payments for purchases they make in stores... More
A new survey has found that 45% of US consumers are now using “a mobile wallet of some type”, 16% are using paper-based currency less than before the pandemic and 31% say will use contactless or mobile wallet payments instead of cash and cheques in the aftermath of Covid-19... More
Digital wallets will be used to pay for ecommerce transactions valued at more than US$3tn a year by 2023, a new study has found... More
Mastercard Inc CEO Ajay Banga on Q4 2018 results — Seeking Alpha — “We’ve received commitments from issuers representing approximately two thirds of our total US consumer volume to issue contactless cards within the next two years. This includes Citi, Capital One, KeyBanc, Santander, HSBC and others. We’re also working with leading processors like FIS to bring contactless to smaller issuers and to credit unions.”
Real-time payment system growth surging worldwide — FIS — “FIS identified 40 live real-time payments programs worldwide as part of its 2018 Flavors of Fast report, up from 25 in 2017 and nearly three times as many as 2014. The report found five payments programs under development, plus another 16 expected to be live in the next 12-18 months.”
US consumers will soon be able to purchase goods using loyalty points from multiple programs through Verifone Points Redemption, a new service designed for merchants which connects to third party loyalty programs and alerts shoppers when they have enough points available to complete a payment... More
Paypal has announced new partnerships with US bank Citi and financial technology services provider Fidelity National Information Services (FIS)... More
Banking and payments technology provider FIS is to offer Early Warning’s Zelle P2P payment service to its financial institutions... More
US consumers will soon be able to withdraw cash from 70,000 ATMs belonging to Payment Alliance International (PAI) using their mobile phones through banking and payment technologies provider FIS’ Cardless Cash ATM functionality... More
Financial services provider FIS and banking association The Clearing House (TCH) are to pilot a real-time payments system with financial institutions in the US in the first quarter of 2017, with an initial focus on bill payments... More
Millions of dollars in withdrawals and “hundreds of thousands” of transactions have now been made via Cardless Cash, the ATM functionality launched by banking and payment technologies provider FIS in January 2015 to let customers withdraw cash using their smartphone... More
NFC World partners AMS, Clear2Pay/FIS OTS, Kona, Gemalto, Mahindra Comviva and NXP will be exhibiting at Cartes in Paris from November 17-19... More
PARTNER NEWS: Conformance testing specialist Clear2Pay Open Test Solutions has received certification from major payment networks for a suite of solutions and services that are designed to make it easier for US merchants, VARs and payment processors to add support for EMV to POS terminals... More
Wintrust Financial is updating its fleet of 190 ATMs in Chicago to enable its mobile banking customers to withdraw cash by requesting money on their smartphone then scanning an on-screen QR code when they get to the ATM. More
Banking and payments technology provider FIS has launched a cloud-based service that lets banks instantly issue EMV ‘chip and pin’ or magnetic stripe cards to customers in their branches... More
Amid on-going delays for the UK mobile network operators’ Project Oscar NFC joint venture, O2 has moved ahead with the launch of a mobile wallet that offers a suite of payments and marketing services to any mobile phone user, regardless of the carrier they get their mobile service from — with NFC to arrive later. More
The mobile banking platform provider will use $18m of new funding for “the development of new payments-related mobile products and services targeted at financial institutions and mobile network operators.” More
Mobile network operator O2 UK, part of the Telefonica group, has announced Wave Crest, FIS, Intelligent Environments and Visa Europe as the suppliers for the mobile wallet service it plans to launch during the second half of 2011... More
A survey conducted by Visa Europe in the UK, Italy, Poland and Turkey in advance of the launch has found that 87% of iPhone users would be willing to attach an add-on to their phone in order to make mobile payments. More