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Sarah Clark of Mitek recently told Pymnts that biometrics are perceived by both consumers and financial institutions as an ideal enabler for securely validating mobile transactions. “Based on the proliferation of mobile devices and the convenience these offer, Goode Intelligence predicts 1 billion customers will use biometrics to access banking services by 2017,” she explained. […]
André Stoorvogel, head of marketing at Rambus Bell ID, recently penned an article for FinTech about the future of mobile payments. As Stoorvogel emphasizes, providing consumers with a truly frictionless experience is the “holy grail” of the payments industry. “This [experience] has already been achieved in-app with platforms such as Uber, but has yet to […]
Difficult Second Album, Sophomore Slump, Second Year Blues – it’s not easy maintaining success. Happily, following its breakout year in 2015, the mobile payments industry has seen continued innovation and growth in 2016. So, as we approach the end of the year, what are the key trends and technologies that will shape the industry into […]
Amazon is currently beta testing a new type of brick-and-mortar store that replaces the traditional checkout lines and registers with a Just Walk Out Shopping experience. Shoppers simply load up the Amazon Go app upon entering the store, take the products they want and go. “Our checkout-free shopping experience is made possible by the same […]
According to Patrick Moorhead, Principal Analyst at Moor Insights & Strategy, security has become one of the “biggest issues” in today’s technologically-connected society. “We use mobile devices to transfer money, pay bills and even to share our health information. Nevertheless, most users don’t want to spend a great deal of time thinking about the security […]
According to Patrick Moorhead, Principal Analyst at Moor Insights & Strategy, security has become one of the “biggest issues” in today’s technologically-connected society. “We use mobile devices to transfer money, pay bills and even to share our health information. Nevertheless, most users don’t want to spend a great deal of time thinking about the security […]
Money 20/20 is over for another year. And as sore feet (and heads) recover and the dust starts to settle, attention is turning to the big trends and key themes. The show has always been focused on the future and this year’s installment was no different. In particular, there was much to make retailers sit […]
Mobile payments currently offer a number of benefits for consumers, retailers and financial institutions. However, next-gen mobile payments will shape the contours of a new retail paradigm that can help redefine the traditional brick-and-mortar experience. Indeed, shopping will one day become a truly interactive experience, with Bluetooth and Wi-Fi beacons scanning digital profiles, stored in […]
Mobile payments offer a plethora of benefits for consumers, retailers and financial institutions. For consumers, mobile wallets provide a convenient, “tap and go” frictionless commerce experience that seamlessly integrates loyalty cards, boarding passes, ID cards, coupons, event tickets, alerts and notifications. For retailers, mobile wallets can offer businesses the ability to engage users with an […]
Michelle Evans of MobilePaymentsToday recently wrote an article about the top trends shaping mobile payments in 2016. Citing a Euromonitor International survey, Evans reports that mobile-driven commerce will reach an estimated $972.25 billion across 46 markets in 2016, with mobile payments expected to hit $3 trillion by 2021. More specifically, mobile’s ratio of digital commerce in […]