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MasterCard Selling Your Data Just in Time for the Holidays | Wired Business | Wired.com

MasterCard Selling Your Data Just in Time for the Holidays | Wired Business | Wired.com | Financial | Scoop.it

Credit card companies make money by taking a cut every time you swipe your plastic at the checkout counter. Now MasterCard has found a way to make those swipes pay over and over again

The presentation, made in September, highlights holiday-specific audiences that might especially interest advertisers in the coming months. She says MasterCard can break out segments such as last-minute shoppers, holiday travelers, Black Friday shoppers, Cyber Monday shoppers, big spenders, and people who don’t eat out except around the holidays.

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There's a New Google Wallet on the Way

There's a New Google Wallet on the Way | Financial | Scoop.it
Google Wallet is getting an overhaul, and Google has started accepting requests for invites to the new incarnation of its mobile payment platform.
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Finextra: French shoppers trial biometric payments

Finextra: French shoppers trial biometric payments | Financial | Scoop.it
A group of French banks, IT firms and retailers are trialling a point-of-sale system that combines biometrics and contactless cards to enable customers to pay with their fingertips.
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Early Insights into Rural Adoption of M-Payments in Mexico | CGAP

Early Insights into Rural Adoption of M-Payments in Mexico | CGAP | Financial | Scoop.it

early evidence suggests that in a small, isolated community in southern Mexico, people find mobile accounts more useful for saving and conducting local P2P transactions.CGAP has worked closely with Telecomm Telégrafos in Mexico to find out if people in isolated communities who lack cellular coverage, and are far away from any financial institution are willing to use a mobile account, and if so what kind of transactions are they more likely to carry out.

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One mobile wallet to rule them all: banknote printer G&D reveals ambitious play

One mobile wallet to rule them all: banknote printer G&D reveals ambitious play | Financial | Scoop.it
Most mobile wallets are about replacing bank cards, or tickets and coupons. A new mobile wallet from Giesecke & Devrient aims to replace not only these, but also ID cards, building and vehicle keys, and public transport tickets.
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Google Wallet Gets Real -- InformationWeek

Google Wallet Gets Real -- InformationWeek | Financial | Scoop.it
Soon, Google's electronic payment system will be available on a plastic card, too.
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The P2P Lending Experiment: Lending Club Surpasses $1B In Personal Loans, Hits Profitability | TechCrunch

The P2P Lending Experiment: Lending Club Surpasses $1B In Personal Loans, Hits Profitability  | TechCrunch | Financial | Scoop.it
Last night at Bloomberg's San Francisco headquarters, Kleiner Perkins partner Mary Meeker took to the stage to deliver one of her famed presentations on the prevailing trends in the tech ecosystem.
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Mobile Wallets: Looking For Convenience In All The Wrong Places

Mobile Wallets: Looking For Convenience In All The Wrong Places | Financial | Scoop.it
Lots of discussion these days regarding the adoption of mobile wallets, and whether or not they provide an added level of convenience for consumers. Writing in American Banker, Daniel Wolfe says: &...
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VeriFone outs Sail mobile payment system, gives Square the evil eye

VeriFone outs Sail mobile payment system, gives Square the evil eye | Financial | Scoop.it
VeriFone has decided that calling out claimed security holes and focusing on enterprise-level payment options aren't enough to take on Square.
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Bank of America gets into card swiping with Mobile Pay on Demand, because 29 can play at that game

Bank of America gets into card swiping with Mobile Pay on Demand, because 29 can play at that game | Financial | Scoop.it
To call the mobile-based card processing business crowded would be a slight understatement -- launching a reader is nearly an instinctual reaction f...
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War of the virtual wallets

War of the virtual wallets | Financial | Scoop.it

ANOTHER milestone on the journey towards digital cash was passed on November 13th. That date marked the emergence from beta-testing in America of V.me, a “digital wallet” that holds multiple payment cards in a virtual repository. Instead of providing their personal details and card numbers to pay for stuff online, customers just enter a username and a password. The service is provided by Visa, a giant card-payment network whose headquarters is in the heart of Silicon Valley, close to a host of technology firms which would love to get their hands on a chunk of the global payments business.

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Why There Won't Be a Bank Transfer Day in 2012 - MyBankTracker.com

Why There Won't Be a Bank Transfer Day in 2012 - MyBankTracker.com | Financial | Scoop.it
From June 2011 to June 2012, credit unions reported a year-to-year increase of more than 2.16 million memberships — the largest influx of members in the past decade, according to data by the Credit Union National Association.
In the prior year, there was only a 552,890-membership increase at credit unions.
The four-fold jump in new memberships is easily attributed to last year’s Bank Transfer Day (held Nov. 5), the consumer movement that rallied fed-up bank customers to close their fee-riddled accounts and move their money to credit unions.
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The Paypers. Insights in payments.

French contactless and NFC technology developer Inside Secure has launched the PicoPulse NFC chip which enables manufacturers to fit components of an NFC card emulation and peer-to-peer mode solution into a standard SIM form factor.
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Dynamics launches its ePlate battery-powered credit card to create ‘payment apps’

Dynamics launches its ePlate battery-powered credit card to create ‘payment apps’ | Financial | Scoop.it
Dynamics is signing up scores of brands that will give you free stuff whenever you use your ePlate card.
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Bulk payments made simple: Dwolla’s MassPay lets you pay up to 2,000 people at once

Bulk payments made simple: Dwolla’s MassPay lets you pay up to 2,000 people at once | Financial | Scoop.it
Who needs checks or wire services? The payment startup Dwolla is rolling out a new feature today that makes bulk payments cheaper and easier than ever before.
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Mobile Money Users in Emerging Markets to Reach 381bn by 2017: study

Mobile Money Users in Emerging Markets to Reach 381bn by 2017: study | Financial | Scoop.it
A recent report predicts active users of mobile money services in emerging markets to show a 36 percent annual growth rate, resulting in an increase from 61...
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Bank Branch Bulking

Bank Branch Bulking | Financial | Scoop.it
I recently tweeted: “Pointing to bank branch closures as a signal of the death of branches is like saying that someone who’s lost weight is dying.” Turns out that was a terrible a...
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Yep, It’s Coming: Google Wallet’s Help Site Mentions The “Google Wallet Card” | TechCrunch

Yep, It’s Coming: Google Wallet’s Help Site Mentions The “Google Wallet Card” | TechCrunch | Financial | Scoop.it
Just in case you needed more proof that the leaked news revealing a forthcoming physical Google Wallet Card is indeed legit, you can just visit Google's own Help section on its Google Wallet website to catch a reference to the yet-to-be announced...
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MasterCard, ING Trialling Yet Another Way To Pay On Mobile: Browse On Your Tablet, Buy Via Your Phone | TechCrunch

MasterCard, ING Trialling Yet Another Way To Pay On Mobile: Browse On Your Tablet, Buy Via Your Phone | TechCrunch | Financial | Scoop.it
As if there wasn't enough going on in the mobile payments space already, what with NFC, dongles, wallets and cloud apps.
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Microsoft Wallet will be standard on every Windows Phone – Cell Phones & Mobile Device Technology News & Updates | Geek.com

Microsoft Wallet will be standard on every Windows Phone – Cell Phones & Mobile Device Technology News & Updates | Geek.com | Financial | Scoop.it
Nov.9, 2012 - Google has had a major problem with their NFC payment system: though there are many Android phones that are capable of transmitting data via NFC, few of...
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Online payments service Braintree lands in Australia, as its international rollout continues

Online payments service Braintree lands in Australia, as its international rollout continues | Financial | Scoop.it

Braintree, an online and mobile payments platform that has raised $70 million to date, announced today that it is launching the service in Australia.

The company raised $35 million ...


Via smartfinserv
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Square competitor Groupon Payments launches today, promises lowest cost for retailers

Square competitor Groupon Payments launches today, promises lowest cost for retailers | Financial | Scoop.it
Popular deal website Groupon is venturing into the world of smart phone-based credit card payments today, launching the Groupon Payments initiative...
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About Ally | Ally Financial

About Ally | Ally Financial | Financial | Scoop.it

A bank with customer reviews on pages?

We launched Ally on three simple principles: talk straight, do right, be obviously better. Find out how we strive to accomplish these things every day and learn about Ally Bank at ally.com.

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Mobile Banking: Mobile Banking Updates - Nov 4

Mobile Banking: Mobile Banking Updates - Nov 4 | Financial | Scoop.it
A vast majority – 72% – of U.S. adult smartphone users have encountered difficulty when trying to use a mobile banking app, research released this week has found. The survey of 600 smartphone users was conducted by The Adcom Group of Companies and commissioned by Virtual Hold Technology. Consumers shared their specific issues with mobile banking apps: 28% said the mobile app freezes or crashes, 26% have experienced a dropped internet connection while mobile banking, 25% said there were insufficient transaction details or filtering options, 21% said they could not easily speak to a customer service representative, 20% had problems opening an app, 19% have had problems logging in or setting up an app, 18% reported missing pending transactions or balance discrepancies, 17% said there were missing historic transactions, 16% have experienced delays due to payment fulfillment constraints, 15% were unable to schedule or modify payments or transfer funds, and the list goes on."
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Why There Won't Be a Bank Transfer Day in 2012 - MyBankTracker.com

Why There Won't Be a Bank Transfer Day in 2012 - MyBankTracker.com | Financial | Scoop.it
From June 2011 to June 2012, credit unions reported a year-to-year increase of more than 2.16 million memberships — the largest influx of members in the past decade, according to data by the Credit Union National Association.
In the prior year, there was only a 552,890-membership increase at credit unions.
The four-fold jump in new memberships is easily attributed to last year’s Bank Transfer Day (held Nov. 5), the consumer movement that rallied fed-up bank customers to close their fee-riddled accounts and move their money to credit unions.
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