This year has taken mobile payments to a whole new level, and NFC, tokenization and the cloud have become the talk of the town. But when it comes to enabling mobile payments, does Host Card Emulation (HCE) still have an important role to play? MPD...
In a potentially significant ruling from the Financial Crimes Enforcement Network (FinCEN), Bitcoin platforms are being reclassified as money transmitters. “FinCEN cited its 2011 amendments, which defines money transmitter as a person that provides money transmission services, or any other person engaged in the transfer...
Wireless carriers are likely to see their role in NFC revenue diminish, according to a new report from Juniper Research. “The report, NFC Mobile Payments: Apple Pay, Host Card Emulation & SIM Based Opportunities & Forecasts 2014-2019, forecasts that just three percent of NFC mobile payments...
CurrentC made a lot of headlines this week, but not because they meant to. The PR backlash as a result of the decision on the part of CVS and Rite Aid to disable NFC, and therefore Apple Pay, caused the mainstream media and social media...
If Visa’s focus on its digital marketplace wasn’t clear before, CEO Charles Scharf made it clear during Wednesday’s (Oct. 29) earnings call. Its role in the digital marketplace also involves its popularity with Apple Pay users. While Visa is a strong backer of Apple Pay, Scharf...
Users of the ChargePoint electronic car network now forgo using a credit card and use PayPal instead, ChargePoint announced Monday (Oct. 27). “With PayPal as a payment option, it’s even easier for drivers to plug in to a ChargePoint station,” Pasquale Romano, ChargePoint’s CEO, said in...
What does the future of retail look like — for convenience stores and gasoline retail? Last month, MPD CEO Karen Webster spoke one-on-one with Aurus CEO Rahul Mutha on the “tripod” situation that retailers face – the challenges around EMV, data security breaches and customers’...
It started with the Rite Aide and then spread to CVS, now, according to NYT reporting the battle for the merchants between Apple and MCX is heating up as more major retailers are finding that though they might be interested in taking mobile payments, they...
Taco Bell and Outback Steakhouse are shifting their businesses to deal with the new smartphone reality. Taco Bell on Tuesday (Oct. 28), for example, rolled out its version of the mobile app to allow customers to order ahead and place a food order for pickup....
