News Topic: Mobile payments

The white-label banking platform provider Urban FT has purchased the mobile banking technology firm iParse and several of its patents. ... Read full article

Trump’s nominee for head of bank supervision at the Fed may tackle Volcker Rule revision; rising home prices and improved job market give borrowers more options as lines of credit reset. ... Read full article

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for banks to improve their ... Read full article

The iPhone is 10 years old. Here’s a look at some of the ways it, along with the boom of smartphones overall, have shaped banking in the U.S. over the last decade. ... Read full article

Banks are making it easier to log in, adding expense trackers and making payments simpler as they try to get corporate clients to use mobile more. ... Read full article

The bank-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. financial institutions. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but ... Read full article

Here are some major ways that mobile banking, P-to-P payments and fintech are changing banking. ... Read full article

Wells Fargo is expanding its fintech accelerator so it is better positioned to connect with customers through channels like the internet of things. ... Read full article

Current, an app debuting Tuesday, updates the joint account for an era of tweens with smartphones. ... Read full article

The Bokis wallet's new app is scheduled for broad release this summer. It's a rare success for collaborative wallets, as others have failed, such as the U.S.'s Softcard and CurrentC, the U.K.’s Weve, Canada’s suretap and Singapore’s ... Read full article

Kosta Peric, deputy director of digital payments and financial services for the poor at the Gates Foundation, discusses his efforts to expand access to low-cost financial services in developing countries. ... Read full article

Banks have long believed that the key to sparking mobile payments is better incentives, but U.S. Bank is taking that to the extreme with a new product that pays triple points for such purchases. ... Read full article

Shelton Shugar, the new CIO of Barclaycard U.S., shares his thoughts on fintechs, the merits of cloud computing and paying through Amazon Alexa. ... Read full article

Bank of America has added new features to its mobile banking app in an effort to build flexibility in mobile wallet options and more closely tie payments to financial services.l ... Read full article

Amazon's lending its considerable brand and heft to a cash payment model that borrows a vital piece of real estate from Apple Pay. ... Read full article

The rapid advancement of social media platforms into the payments and finance markets, as well as millennials' devotion to apps like Venmo, were major factors driving a 47% increase in the U.S. digital person-to-person payments market last year. ... Read full article

The technology from MCX's CurrentC wallet, which never formally launched, will get new life with Chase Pay, which debuted in 2016 with Starbucks, Best Buy and commitments from MCX members such as Walmart. ... Read full article

Many banks and money transmitters have built successful billion-dollar businesses around P-to-P payments without social sharing and letting users send emojis. ... Read full article