Softcard CEO Michael Abbott consumers to have choices, particularly when it comes to NFC-based mobile wallet apps, and he added another choice to the list Wednesday (Nov. 5) when the company announced its mobile wallet app would extend to the Windows Phone. “I’m pleased to announce Softcard has come...
Mobile POS activity is soaring, with about 1.2 million MPOS having been shipped to MasterCard merchants globally, according to a new report from Ovum Consulting and Mahindra Comviva. “In a world of anywhere commerce, the point of sale is fundamentally changing. It is moving from...
Since going live with Apple Pay last month, the $14.2 billion 401-store Whole Foods grocery chain has used the mobile wallet to process more than 150,000 transactions, according to CIO Jason Buechel. But the chain doesn’t solely see Apple Pay as a payment mechanism. During...
Apple Pay is driving NFC volume up and pulling Apple’s NFC rivals along with it, according to preliminary reports. In a speech this week, a Walgreens executive–Deepika Pandey, group vice president, digital marketing & customer experience—said that her chain has seen in-store NFC payments double...
As merchants push to be the top online retailer leading into the holiday shopping rush, November’s Chain Store Guide Consumer Spending Report shows a majority of consumers won’t be shopping online or using their mobile device to make purchases this holiday season. Holiday shopping should boost consumer spending,...
After several days of defensive interviews about merchant restrictions and an E-mail data breach, the CEO of MCX is finally talking up advantages for shoppers to try the CurrentC system to be rolled out next year. “When you go to the gas station today, you’ll...
As deposit-by-smartphone becomes more popular, banks and imaging vendors are looking for new ways to block a new type of fraud: customers cashing a check more than once, American Banker reported. Because customers keep the physical check after depositing it by taking a photo with...
Bank of America Merrill Lynch has added some significant new global features for its B2B cards, including expanded country footprints (adding Guatemala and Turkey), real-time account management and integrated global data consolidation in Hong Kong and India, additional B2B payment options in 27 more countries...
Officials with the not-yet-launched CurrentC mobile payment app from MCX have started trying to defend their app from comparisons with Apple Pay, saying that many of the unkind comments about CurrentC are not true. MCX COO Scott Rankin told USA Today, for example, that reports...
