mobile walletRSS

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

Wells Fargo tap and pay

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”.

Mobile wallets reach “tipping point” – ACI Worldwide and Aite report

Mobile wallets reach "tipping point"

This week Apple Pay celebrated its third birthday, and ACI Worldwide and Aite Group released data on rising mobile wallet usage, indicating that consumers in the US and Europe are starting to catch up with those in Asia and Latin America where mobile wallets dominate.

Mobile wallet round-up: 20 July 2017

E-wallet concept illustration

It’s been a busy week for mobile wallet partnerships – and this round-up can help. Features Apple Pay, ANZ, CaixaBank, Starling and Samsung Pay. Banking Technology’s sister publication Paybefore reports. Australia and New Zealand-based banking group, ANZ, is rolling out Samsung Pay to customers in Australia. The bank says it’s the only major Australian bank […]

BIM, Peru’s first mobile money wallet: lessons learnt

Mobile banking in Peru

Peruvian mobile wallet BIM, described as “the world’s first fully-interoperable national mobile money platform”, will launch new services in H2 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings and loans, and micro-insurance.

Google’s Android Pay gets a hand from banks and PayPal

Android Pay

Google is banking on mobile apps to boost its mobile wallet. The Android Pay parent has linked that service to a handful of banking apps, giving consumers the ability add their cards more quickly to the mobile wallet.

ANZ’s card replacement programme could spur m-wallet adoption

ANZ-logo

A new service launched to mitigate customers’ inconvenience if their payment cards are lost or stolen might lead to greater adoption of mobile wallets and be a model for other banks. ANZ, one of the largest banks in Australia, has introduced a service that automatically uploads replacement card details as virtual cards to customers’ m-wallets, […]

Citi unveils Citi Pay; launches global API developer portal

citi

US banking giant Citi is launching its own branded mobile wallet – Citi Pay – to take on rivals such as Android Pay, Samsung Pay and PayPal.

PayPal plans Latin America growth with América Móvil alliance

Dan Schulman, CEO of PayPal

PayPal is teaming up with Mexican telecommunications giant América Móvil as it looks to expand in Latin America. The alliance’s focus will be on a new mobile wallet platform, which lets users pay for items by smartphone scans. With América Móvil on board, PayPal can target 140 million users in Brazil and Mexico. Dan Schulman, […]

Why we should put a mobile wallet in every pocket

Gautam Jain is head of global client access, transaction services at Standard Chartered

The mobile wallet is having a transformative effect on people’s lives in developing countries, bringing safer, faster, easier financial services to the people who need it most

Orange and Visa Europe launch Orange mobile wallet in France

Orange and Visa Europe have launched the Orange Cash mobile wallet in Caen and Strasbourg (pictured)

Orange and Visa Europe have launched a new mobile wallet service called Orange cash in the French cities of Caen and Strasbourg, making Orange the first mobile network operator in France to offer mobile contactless payments to its customers.

@banking
techno