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Apple to Offer Text P2P Transfer and Stored Balance Account with Apple Pay Cash Card

The new Apple iPhone and operating system are set to launch in September and include new features likely to grow adoption of Apple Pay and contactless mobile payments at the physical point-of-sale. Apple Pay is set to rollout in several more countries by year’s end while the newest operating system (iOS 11) will support Apple

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Google and Samsung Each Announce Mobile Payment Plans Utilizing Tokenization and Biometric Authentication

Following Apple’s lead Samsung and Google each announced mobile payment services of their own with a similar naming structure. The recently announced Samsung Pay and Android Pay will both make use of fingerprint biometrics to authenticate transactions as well as tokenization, although all three systems have their similarities and differences. Both organizations announced their planned mobile payment developments

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Talks of Visa and Apple Partnership in Anticipation of September iPhone 6 Launch

Industry analysts have recently discussed the potential benefits to Visa and Apple should the two collaborate on mobile payments, even stating their opinion that a “partnership could be on the horizon,” and potentially in time for the launch of the iPhone 6. Is this potential partnership already in the works or is it just speculation?

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iPhone to Become Top Enterprise Smartphone, Merchants Should Prepare Accordingly

According to a recent forecast from research firm IDC, iPhones will be the top company purchased smartphone through 2016 as enterprises are ordering iPhones in masses. Meanwhile the UK has certified the iOS 6 iPhones and iPads as safe for government use and for sharing restricted information. These milestones serve as indicators that e- and

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California Considers Credit Card Privacy Laws and how it Applies to eCommerce

The California Supreme court is considering a class action suit against Apple for collecting personal information for online transactions which goes against regulations put forth in the state’s Song-Beverly Credit Card Act. Several other major retailers are backing Apple arguing that the previous legislation was only intended for brick-and-mortar transactions, and the outcome of the

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Apple Acquires Mobile and Network Security Firm AuthenTec

On July 27 Apple acquired AuthenTec, who provides encryption technology, fingerprint sensors and identity management software, for $356 million. After filing a shareholder notification document related to this acquisition with the SEC it was apparent that Apple was in a hurry to acquire the company’s fingerprint scanning technology, and while this has many potential uses

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Sprint Prepares NFC Mobile Wallet and Apple Demos Passbook, Potential Precursor to a Mobile Wallet

It was recently revealed that Sprint is preparing a mobile platform and wallet called Touch Wallet and Apple demoed a new addition to their upcoming iOS 6 called Passbook, which stores gift cards, tickets, coupons and store loyalty cards that can be used and redeemed with merchants via scannable barcodes. Read More

 
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