Banks and financial services

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Visa’s open APIs signal battle against Silicon Valley payment platforms

February 8, 2016

Visa’s new developer platform, which offers third-party companies the ability to sift through hundreds of commerce-related APIs, indicates the brand’s desire to one-up its competitors in the mobile payments space by creating a massive network of partnerships.

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Android Pay, Apple Pay reach parity as mobile pay adoption grows: report

February 5, 2016

The leader in mobile payments still remains unclear, but Android Pay is gaining speed and the technology as a whole is likely to reach mainstream adoption within four years if added benefit for customers is provided, according to a report from Packaged Facts.

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Fifth Third Bank responds to customer demand with Touch ID integration

February 5, 2016

Fifth Third Bank’s Touch ID integration comes in response to customer requests as the tech becomes more widely accepted thanks to how it makes users feel secure and brings added convenience.

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Shake Shack, Dunkin’ Donuts see success with Visa Commerce Network

February 1, 2016

Restaurant chain Shake Shack saw a spike in new customers after joining the new Visa Commerce Network, a platform that connects consumers to multiple retailer discounts via mobile notifications.

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Chase makes mobile power play with cardless ATMs

January 28, 2016

Chase plans to install new card-free ATM machines this year, enabling customers to withdraw funds and complete other financial transactions using their smartphones.

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American Express exec: Serve’s prepaid users over-index on some mobile app features

January 21, 2016

NEW YORK – An American Express executive at Mobile Marketer’s Mobile FirstLook: Strategy 2016 discussed several challenges and benefits from building mobile solutions for unbanked and underbanked consumers, including millennials.

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Tangerine unpeels secure chat for convenient banking transactions

January 8, 2016

Direct bank Tangerine claims to be the first in Canada to offer a new secure chat feature, enabling customers to conduct banking transactions via chat in real time.

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MasterCard’s grocery-ordering program showcases connected technology’s everyday convenience

January 7, 2016

MasterCard is ramping up its smart technology presence with a Samsung partnership for a smart refrigerator, connecting customers to grocery retailers through an application.

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Samsung Pay kicks off 2016 push with three-country expansion

January 7, 2016

Samsung Pay is starting off 2016 with a significant expansion, bringing its mobile payments solution to Singapore, Brazil and Australia in a move that highlights its decision to jockey for a leading role in commerce this year.

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TCF Bank swipes in Android Pay for broad mobile payments play

December 22, 2015

TCF National Bank is enabling its debit cardholders to complete transactions with Android Pay, underscoring the need for financial institutions to cater to non-iOS customers seeking to leverage mobile payments.

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