Payments

Subway teams up with Softcard to enable NFC based mobile payments

Subway is deploying NFC terminals across more than 26000 locations, the largest ever by a restaurant in U.S. The deployment is being done in collaboration with Softcard, the mobile commerce joint venture created by AT&T, T-Mobile and Verizon Wireless. The NFC terminals are Softcard branded and Softcard users pay at...

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Beacons

The Largest Stadium in U.S. gets the Proximity Magic

The University of Michigan Athletic department wished to expand the proximity technology in order to deliver precise messages to fans throughout ‘Big House’, the largest stadium in U.S. They turned to Signal360, a leading proximity marketing company which enabled the integration of its turnkey solution at the stadium in just...

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Payments

Now use Contactless Payment Cards instead of Tickets in London Tubes

Transport for London (TfL) is poised to make the current ticketing systems as redundant. Passengers can now travel using contactless payment cards across Underground and most of the other London transport. This will also curb the use of Oyster smartcards which was popular earlier among passengers. Nearly 50% of London’s...

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Enabling Technologies

Is it Apple Pay vs. CurrentC now?

Analysts wonder whether  ‘Apple Pay’ will change the market scenario? After all, Apple has a strong position due to its large user base, fantastic deals with card networks (worked closely for more than an year with them) and its ability to influence tech adoption (being a great educator).  However, there...

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Enabling Technologies

Get Ready For Apple Pay Based NFC Access And Ticketing For Trains, Planes, Buses, Subways And Events

Apple Pay Ticketing  Passbook is already a significant ticketing system for transportation.  In some cases more then 10% of airline tickets are on Passbook with some airlines, in some very select markets. Apple has been filing patents based on ticketing and access control using NFC and a secure and encrypted...

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Enabling Technologies

M-commerce Accounted for 15 – 17 % of Retail Ecommerce Sales in 2013, as per a new report

The value of commerce transactions conducted via mobile handsets/tablets will exceed US $120 Billion by 2017 with 150 Million users. Mobile commerce growth in US is driven by increasing convenience, value & security available to the consumers via smart devices. Retailers are bringing efficient mobile websites/apps and even delivering omni-channel experiences. M-commerce accounted for...

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BankTech

Insights & Quotes from Day 3 at The Money Event

Yesterday marked Day 2 of the Money Event and the CTIA Super Mobility Week. It was a great first day with 27 speakers and 6 sessions. Some of the sessions held under the tracks and some quotes are: NC1: Enabling Financial Inclusion through Mobile, Prepaid and Fintech Innovation Dan Schulman,...

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Payments

Stephen Goodrich takes charge of National Payment Card Association as the new CEO

Payments Veteran and Current President Tapped by NPCA Board to Drive New Business, Partnerships, and Technology Innovation September 10, 2014—(Coconut Creek, Florida)-- National Payment Card Association (NPCA) www.nationalpaymentcard.com, a leading provider of mobile and card-based decoupled debit (ACH) payments for merchants, today announced its Board of Directors has named Stephen Goodrich...

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