Visa, in partnership with Monitise, has launched a suite of new mobile financial services on its revamped Debit Processing Service platform, enabling mobile phone users to check their account history and balances, transfer funds between accounts, and receive real-time transaction alerts. Visa says it will soon expand the services to include NFC-enabled mobile payments, as […]

Web security provider Zvelo has uncovered a way crack the Google Wallet PIN security feature. Using an app called “Wallet Cracker,” Zvelo was able to expose the PIN of a Google Wallet account without entering a single invalid attempt – five invalid attempts and the wallet locks out. Check out the video for a demonstration: […]

Isis, the mobile commerce joint venture between AT&T, T-Mobile and Verizon, is preparing to launch a massive NFC payments pilot in Salt Lake City this summer, reports the Salt Lake Tribune. The pilot, which will also be conducted in Austin, Tex., represents a major push by the U.S. payments industry to get customers and merchants […]

CoVantage Credit Union (CVCU) announced the availability of Tyfone’s mobile wallet services throughout its branches in Wisconsin and Michigan. Some 64,000 CVCU members can now use Tyfone’s mobile banking services, which include balance checking, account history review, fund transfers, branch and ATM location look-up, as well as several new features: Mobile banking for non-online bankers: […]

The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.” According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry […]

United Arab Emirates (UAE) travelers prefer making payments via mobile rather than using cash or credit card, according to a recent survey commissioned by travel technology and transaction processor Amadeus. According to the study, 32% of the UAE respondents found it “Extremely Appealing” to use the mobile for such transactions, as oppose to 24% globally. […]

Datacard Group, a provider of secure ID and card personalization solutions, has announced an equity investment and strategic partnership with DeviceFidelity, makers of the In2Pay mobile payments solution. As per the agreement, Datacard will offer DeviceFidelity’s In2Pay suite of solutions, enabling financial institutions and wireless carriers to issue customers a credit, debit, prepaid or multi-account […]

Visa has announced that more than 1 million EMV chip-enabled cards have been issued by U.S. financial institutions as of December 31, 2011. Just 18 months ago there were no Visa-branded EMV chip cards issued in the U.S. according to Visa’s Stephanie Ericksen, who attributes the sudden growth to U.S. issuers accepting Visa’s EMV and […]

Turkcell, Turkey’s largest mobile operator, has announced the launch of a SIM-based NFC road toll payment application on the Turkcell T11 smart phone. Developed in collaboration with Bank Asya, the app allows users to migrate their plastic KGS toll payment cards onto their T11 smart phone to pay for fares when crossing bridges and freeway […]

Exclusive to Sprint since its launch in 2011, Google Wallet is now being offered on Samsung Galaxy Nexus phones from AT&T and Verizon, according to BriefMobile. Verizon had originally blocked Google Wallet on the Galaxy Nexus – presumably out of defense of its own NFC payments joint venture Isis with AT&T and T-Mobile. But now […]