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News & Commentary
Content tagged with Payments posted in May 2013
Automating B2B Payments: The Next Frontier
Commentary  |  5/28/2013
Business-to-business payments have lagged far behind in switching from paper to electronic payments methods, but banks and their commercial clients could benefit from emerging automated B2B payments solutions.
The PayPal vs. Square Battle: Who’s Your Money On?
Commentary  |  5/22/2013
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
Google Enables Payments Through Gmail to Garner Google Wallet Adoption
News  |  5/17/2013
With Google Wallet under-performing in the last couple years, Google is now integrating its wallet into Gmail to allow users to send money through the popular email service.
Fees On Real-Time Foreign Account Transfers Could Generate $1.1 Billion for Banks, Study Finds
News  |  5/14/2013
New research from FIS shows that a number of consumers, particularly those that use foreign account transfers, would be willing to pay a fee to get their payments processed in real-time by their primary bank.
Amazon Launches Digital Currency for Kindle Fire Customers
News  |  5/13/2013
After filing an application for a mobile wallet patent last month, Amazon continues to make moves in payments by adding a new digital currency, Amazon Coins, for its app store.
CIBC Expands Mobile Payments
News  |  5/10/2013
The Canadian bank announced its mobile payments app will now be available for Android smartphones.
Google Wallet Head Osama Bedier Quits
News  |  5/9/2013
Osama Bedier, the head of Google Wallet, has quit the company after two years in charge in which the solution has failed to gain widespread appeal.
How Banks Can Win the Battle for Prepaid Customers
News  |  5/8/2013
Banks can leverage current assets to grow their share of the younger and underbanked customer segments through prepaid products, as long as they keep in mind what these customers are looking for.
Mobile Payments Marked by Fragmentation and Increasing Channel Convergence, Says Fed
News  |  5/7/2013
A report from the Federal Reserve Bank of Boston states that the past two years in the mobile payments market were characterized by an expanding fragmented market environment and frequent technology innovations.

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