Even as the U.S. makes initial moves towards a real-time payments system, industry experts acknowledge that the transformation will be slow.
For an enthusiastic but still-small segment of customers, mobile check deposit is a winning innovation.
As the mobile wallet train leaves the station, banks will discover that a ‘fast follower’ strategy risks leaving them behind.
Facebook credits may be passé but Facebook banking looks like it’s here to stay.
With the outlines of digital payments still so uncertain, savvy organizations are making many experiments to keep moving forward.
The Barclays Pingit P2P app works well for both consumers and corporate customers, suggesting that a new stage in mobile payments has arrived.
Given increasing fraud threats, U.S. retailers need to begin now to transition to EMV chip-and-PIN card acceptance.
BITS executive John Carlson says the financial services industry must collaborate closely with outside constituencies to mitigate fraud and security issues in mobile payments.