Gallup: Security Concerns, Unfamiliarity Hinder Mobile Wallets
Only 2 percent of Americans use mobile wallets such as Apple Pay and Google, according to a recent report from Gallup.
Browsing: Mobile payments
Fed’s Powell: Payment Security Requires ‘Coordinated Efforts’
All participants in the payments system must work together to ensure that payment innovation advances safely, Federal Reserve Governor Jerome Powell said today at a payments conference in Kansas City.
The Fundamentals of Mobile and Digital Payments for Bankers
Mobile phones are changing the way people make payments.
An Eye to the Future of Banking
What’s on the community bank CEO horizon? M&A, mobile payments, mortgages and more.
Change Is Coming
It’s hard to keep up with new developments in payments, says former ABA Chairman Jeff Plagge. But banks need to stay on top of changes to serve their customers.
Magazine Helps Bankers Position Cards to Win with Mobile Wallets
The May issue of ABA Bank Marketing and Sales magazine, now available online for subscribers, features a cover story with strategies for banks to position their credit and debit cards as a customer’s first choice in mobile wallets like Apple Pay.
Google Wallet Balances to Be FDIC-Insured
Balances held in Google Wallet — the mobile payment service offered by the California tech giant — will now be protected by federal deposit insurance, according to press reports this week.