Smaller Banks Not Sweating EMV Liability Shift
Community banks are taking a more "calculated" approach as the EMV liability deadline approaches.
View ArticleClinkle Searches for Ideas in Expensive Hackathon Promo Video
Clinkle, the $30 million startup that was supposed to revolutionize payments, has had a number of stumbles over the past year. Between launching a desperate commercial last September to offering users...
View ArticleVIDEO: Local News Story Highlights Mobile Deposit Anxiety
A recent report from Mitek and RemoteDepositCapture.com found that 80% of banks experienced no losses from remote deposite capture. But fears over remote deposit capture remain among consumers
View ArticleFacebook Patent Hints at Future PFM Service
A Facebook patent application uncovered by Bank Innovation looks like the social media giant is working on a PFM app.
View ArticleFaster Payments Could Help Speed Economic Recovery
The U.S. economy remains sluggish, and the cost of funds is set to rise. What can help? Perhaps faster payments, suggests Gene Neyer, senior vice president of global payments with Fundtech.
View ArticleWhat’s the State of Banking Innovation?
Is the intensity of banking innovation really heating up?
View ArticleExpect More Card Fraud as Liability Shift Approaches
Another day, another retailer hacked -- and more should be expected in the days to come, according to a financial security expert.
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Why ‘Softcard’ Is Just an Awful Brand Name
With the opportunity to rebrand (the payments firm, not the terrorist organization), ISIS could have gone in a multitude of directions. Alas, yesterday it chose "Softcard," which is, to quote some...
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Apple Said to Negotiate Deep Payments Discounts from Big Banks
The Silicon Valley giant is now said to have reached deals for lower transaction fees with five of the largest financial institutions in the nation.
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Apple to Use NFC, Tokenization in Payments, Sources Say
Multiple sources confirm that Apple has been working on tokenization technology and will include it and NFC in the new iPhone 6.
View ArticleVIDEO: Sculley Says M-Payments to Be Apple’s Next ‘Creative Leap’
John Scully, the former CEO of Apple Inc., thinks that mobile payments at Apple, expected to be launched tomorrow, will amount to a “creative leap” on par with Apple’s introduction of the iPod or...
View ArticleApple to Launch Pilot Program For Merchant Partnership
Apple will be launching a pilot program to develop partnerships with merchants, including retailers, according to multiple sources with knowledge of the program.
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Square, PayPal Expected to Work with Apple on Payments, Sources Say
Sources tell Bank Innovation that Square and PayPal have been aware of Apple’s plan to enter the mobile payments space and have made plans accordingly.
View ArticleVIDEO: Bootleg of Apple Introducing Apple Pay
Apple takes aim at the $12 billion-per-day payments industry with Apple Pay. Here’s a bootleg of Eddy Cue, SVP at Apple, unveiling Apple Pay today.
View ArticleTwo Ways That Apple Will Stand Out in Digital Payments
I recently found an old Apple Powerbook from circa 2005 which I re-provisioned for my eleven year old son to use to learn programming. This laptop was like a shiny aluminum time capsule from a time...
View ArticleSquare to Support Apple Pay — But What About PayPal?
Square CEO tweets that it will support Apple Pay, but PayPal has been mum about any role in Apple's new payments initiative.
View ArticleDEMO: Apple Pay Is Wicked Cool
This Apple Pay demo makes it clear just how central Touch ID is to the Apple Pay experience.
View ArticleVisa, MasterCard in Talks with Mobile Wallets for ‘Cardholder Present’ Rate
Sources tell us that Visa and MasterCard are looking to advance all mobile wallets by lowering their transaction fees.
View ArticleApplePay and the iPhone 6: Resistance Is Futile
My greatest surprise in respect to Apple's announcement was that it had taken them until the iPhone 6 to do payments.
View ArticleVenmo Cofounders Said to Have Stepped Down
Venmo cofounder’s Andrew Kortina and Iqram Magdon-Ismail appear to have stepped down from day-to-day activities at the mobile payments company, multiple sources within the company have told Bank...
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