Category: Mobile Banking & Payments

March 21, 2019

Instagram has announced that it’s testing a new feature called Checkout, which will allow users to buy products from fashion, beauty and other brands within the photo-sharing app. In a blog post, Instagram said the feature is currently “in closed […]

March 19, 2019

Instagram is strengthening its role in e-commerce by allowing users to pay for dresses, makeup, and watches inside its app. The new checkout feature, which begins rolling out on Tuesday, lets users make in-app purchases from 23 retailers, including Nike, […]

March 18, 2019

LONDON — The financial technology provider Fidelity National Information Services agreed on Monday to buy Worldpay for about $34 billion, in a bid to become a powerhouse in the global payments sector. The deal is among the biggest in the […]

January 3, 2019

New data shows that mobile features have become a key factor that customers weigh when choosing a bank. In Business Insider Intelligence’s second annual Mobile Banking Competitive Edge study, 64% of mobile banking users said that they would research a […]

August 1, 2018

Digital wallets for UAE consumers keep expanding. Citibank UAE joins the growing mobile wallet landscape in the region lead by Apple Pay and Samsung Pay with its standalone app, Citi Pay UAE. The app will available to Citi Mastercard credit […]

May 30, 2018

WhatsApp might launch their peer-to-peer payment feature as early as next week. A report from BloombergQuint suggests that the UPI-based in-app payment services will be taken off from its current beta phase and will be rolled out for all the […]

May 11, 2018

Huawei has released a bitcoin wallet on its app store for the first time, allowing Chinese consumers to hold virtual currencies even as Beijing steps up regulation on the nascent industry. The Shenzhen-based Chinese smartphone maker has teamed up with […]

April 10, 2018

While user privacy on internet has always been a key concern for many, it has now become a cause of worry after the disclosure of the Cambridge Analytica scandal. Even more because Facebook users were the biggest victims of the […]

February 8, 2018

WhatsApp, the Facebook-owned instant messaging service, has reportedly started testing its long rumoured payment feature in India. According to reports, some WhatsApp beta users on iOS and Android can now see UPI (Unified payments interface) integration in the app. The […]

February 6, 2018

As more and more folks head online to shop, it’s not surprising that the e-commerce sector is thriving. However, with so much choice in how you set up your online store, it can be difficult finding the right platform for […]

October 11, 2017

This story was delivered to BI Intelligence “Payments Briefing” subscribers. To learn more and subscribe, please click here. Wells Fargo enabled contactless withdrawals from phones or payment-enabled wearable devices at over 5,000 of its ATMs, according to a press release. […]

July 12, 2017

It could be time for PayPal (PYPL) to get cracking on a bid for fellow payments processor Square (SQ) . The purchase of Square would give PayPal increased acceptance with bricks and mortar retailers, Loop Capital analyst Joseph Vafi wrote […]

May 1, 2017

The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and even TVs. But the next change might be […]

April 14, 2017

Countless think papers on “the future of work” tell us one thing: the machines are coming. Advances in robotics and artificial intelligence are set to radically reshape the jobs market globally over the coming decades, as technology makes more and […]

March 30, 2017

Paying bills. It’s a task that no one really loves to do. While digitization of the process has begun to make it easier for consumers, Visa (V) is focusing on ways to share that advantage with small businesses. That’s why the […]

March 28, 2017

Ever stopped at an ATM for cash only to realize all you had with you was your cell phone? At Wells Fargo (WFC) , that’s no longer a problem. The San Francisco-based bank announced an upgrade today to all of its […]

March 15, 2017

PayPal shares dipped about 1 percent on Tuesday after Google said it would make it easier to send and receive money via email. The Gmail app on Android now lets U.S. users receive or request money as an email attachment, […]

March 3, 2017

Have you ever wondered what a world without cash would look like? Society is closer to this now than ever before. But like it or not, we are still tied to money for the majority of our transactions. Despite calls […]

March 2, 2017

Small businesses have not adopted the use of mobile banking to aid them in their daily business operations, and their perception of this tech-savvy option remains largely negative. Very few small businesses are fans of the mobile options offered by […]

February 24, 2017

Shares of Square  (SQ)   moved full steam ahead after reporting better-than-expected quarterly earnings, showing growth momentum for the newly public company. The payment company’s stock climbed almost 12.7% to $16.95 on Thursday, adding to its year-to-date gains of 24.4% and surpassing its […]