Mobile Payment Magazine

Consumers and Mobile Financial Services – Free Report

Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.

IFINTEC International Finance Technologies Conference and Exhibition: April 8-10, 2014, Istanbul, Turkey

September 4, 2013 by Mobile Payment Magazine

IFINTEC International Finance Technologies Conference and Exhibition is a dedicated conference focusing on technology solutions developed for the finance world. IFINTEC Conference serves as a platform to introduce and demonstrate system, hardware, software, consultancy, training, security and service solutions developed for financial institutions. An intensive participation is expected to the IFINTEC Conference and Exhibition from many countries.

At the conference, speakers will share with the visitors their experience, knowledge, visions, future forecasts, trends and new developments in the technology. At the conference exhibition area, sponsor/exhibitor companies will have the chance to introduce their solutions to conference attendees. For more information, please visit the event website: IFINTEC International Finance Technologies Conference and Exhibition.

SmartSoft

June 11, 2011 by Mobile Payment Magazine

SmartSoft provides secure payment solutions to the global payment and card issuance industry.

The company provides end-to-end solutions for banking, financial organizations and payment companies. Its broad range of products, including card management systems, card issuance, NFC mobile payment solutions, EMV solutions and training, pre-paid cards, payment processing, e-banking, fraud solutions and decision management, integrated testing products, terminal/card kernel, and loyalty solutions.

All of SmartSoft’s products are developed in compliance with International Card Specifications EMVCo, VISA, MasterCard, EPCA and MULTOS.

A European headquarters in Istanbul and a North American headquarters in Los Angeles are supported with sales, marketing, distribution, and technical support operations throughout Africa, Asia, Europe, the Middle East and North America.

More information: SmartSoft

Visa “Tap to Phone” Adoption Grows Rapidly

Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year.

Is Your Business PCI Compliant?

A simple guide answering some frequently asked questions as well as debunking a couple myths about PCI compliance.

Nets and Oberthur Technologies Offer Mobile Payments to Scandinavian Banks

Nets, a payments service provider in Northern Europe, and OT (Oberthur Technologies), a global provider of embedded security software products, services and solutions, are partnering to service banks with a financial platform to support future international mobile payment means in the Nordics.

Kohl’s to Launch Mobile Payments

Kohl’s (NYSE: KSS) announced today the nationwide launch of Kohl’s Pay, a mobile payment option which integrates the Kohl’s Charge private label credit card into Kohl’s mobile app. Kohl’s Pay allows more than 25 million active card holders across the country to pay for their in-store purchases with their Kohl’s Charge card directly from their mobile device. Kohl’s Pay also its customers to apply their Kohl’s offers, Kohl’s Cash and Yes2You Rewards with a single transaction right from the mobile device at checkout.

Apple in Talks with Banks to Develop Mobile Person-to-Person Payment Service – Update – NASDAQ.com

Apple Inc. is in discussions with U.S. banks to develop a mobile person-to-person payment service that would compete with PayPal Inc.’s popular Venmo platform, according to people familiar with the talks. The talks are ongoing, and it is unclear if any of the banks have struck an agreement with Apple, these people said. Key details […]