Top

Category: Mobile Banking & Payments


Finance Tech, Mobile Banking & Payments

EU Accuses Apple of Abusing Mobile-Payment Market Power

May 2, 2022

Via: The Wall Street Journal

European Union antitrust authorities on Monday charged Apple Inc. AAPL -2.46%▼ with abusing its dominant position by restricting access to the technology underpinning contactless payments on its mobile devices, adding to the bloc’s efforts to clamp down on alleged anticompetitive […]


Finance Tech, Mobile Banking & Payments

Stripe sees growth slowing this year after pandemic e-commerce boon

April 12, 2022

Via: Payments Dive

While the payments super-unicorn Stripe expects growth this year, it won’t be as strong as last year when the company benefited from an e-commerce surge spurred by the COVID-19 pandemic, according to an annual letter from its cofounders, Patrick and […]


Finance Tech, Mobile Banking & Payments

Apple could be working on a whole host of financial and banking tools

March 31, 2022

Via: TechRadar

Apple is reportedly working on a multi-year plan to develop its own payment processing technology and infrastructure in an effort to further build out its portfolio of financial products. As reported by Bloomberg, the move would allow the iPhone maker […]


Finance Tech, Mobile Banking & Payments

How does Gen Z feel about credit cards? It’s complicated.

March 16, 2022

Via: Payments Dive

Margaret Sheils says she knows enough to know she needs a credit card, but the Gen Zer takes a cautious approach to using it. “For me, that’s just always been a fear, of spending money I don’t have,” said Sheils, […]


Finance Tech, Mobile Banking & Payments

How deep fakes are hurting the payments industry

February 22, 2022

Via: Payments Dive

While deep fakes may seem like a niche problem reserved for celebrities, politicians or other high-profile individuals, their rapid growth may bring the issue into the mainstream. The term “deep fake” refers to AI-generated content— often pornographic — that features […]


Finance Tech, Mobile Banking & Payments

Discover backs card-free payments

February 16, 2022

Via: Payments Dive

A fintech that facilitates ACH payments is leveraging Discover Financial Services’ network to get more consumers on board with paying merchants directly from their checking accounts. Teaming up with Discover, Atlanta-based digital payments infrastructure platform Buy It Mobility (BIM) Networks […]


Finance Tech, Mobile Banking & Payments

Buy now-pay later demand hit U.S. high during holiday season

January 14, 2022

Via: Payments Dive

Buy now-pay later use in the U.S. climbed to an all-time high during the 2021 holiday season, but its novelty may have begun to wear thin. According to a Jan. 12 Bank of America analyst report, total U.S. buy now-pay […]


Finance Tech, Mobile Banking & Payments

Payments deals pile up in 2021

January 5, 2022

Via: Payments Dive

The payments industry last year racked up more than $50 billion in deals worldwide, making it one of the busiest years ever for deal-making, according to two firms that tracked the acquisition activity. The merger and acquisition data firm Dealogic […]


Finance Tech, Mobile Banking & Payments

Visa CEO: COVID caused permanent shift to digital payments

December 1, 2021

Via: ABC News

Al Kelly believes there has been a permanent shift in how consumers worldwide pay for goods and services. His 91-year-old parents are a prime example. The CEO of payments processing giant Visa recently visited his mother just after she’d finished […]


Finance Tech, Mobile Banking & Payments

Payments heads toward record venture funding year: CB Insights

November 5, 2021

Via: Payments Dive

Digital payments companies have been transforming the financial industry in recent years as companies and consumers sought easier, faster payment methods. The COVID-19 pandemic supercharged the trend as companies and consumers increased their use of such tools from home offices […]