Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

Source: investopedia.com

FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia
FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia
January 06, 2021  |  Loans

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam...

READ MORE >
Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience
Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience
January 05, 2021  |  Banking

One could say that the payments industry hasn’t ever met a buzzword it doesn’t like – or pass up an opportunity to take one or...

READ MORE >
Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
January 05, 2021  |  Banking

The financial services ecosystem has evolved to a state where traditional financial institutions (FIs) and FinTechs, which once had been vying for the mind share...

READ MORE >
Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
January 04, 2021  |  Cryptocurrency

Payments provider Square has spoken out against a recent Financial Crimes Enforcement Network (FinCEN) rule that would require cryptocurrency service providers to keep more detailed...

READ MORE >
Venmo Offers Free Service For Cashing US Stimulus Checks Via App
Venmo Offers Free Service For Cashing US Stimulus Checks Via App
January 04, 2021  |  Disbursements

Venmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the...

READ MORE >
Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
January 04, 2021  |  Digital-First Banking

Diem may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system...

READ MORE >
China’s CBDC  ‘Dress Rehearsal’ Sets Stage for Other Central Banks
China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
January 04, 2021  |  Payment Methods

For digital currencies, as goes China, so will go the world? China, as is well-known, is in the midst of pilot programs tied to its...

READ MORE >
Banks Ask UK Treasury To Increase Limit On Contactless Payments
Banks Ask UK Treasury To Increase Limit On Contactless Payments
January 03, 2021  |  Digital Payments

The U.K. might up its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union...

READ MORE >
Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
December 30, 2020  |  Consumer Payments

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” Between the explosion of the digital economy driven by the...

READ MORE >