Tag: American Express

NFC in the prepaid market: how Financial Institutions and MNOs…

The prepaid cards market is one of the fastest growing non-cash payments market with most of the growth and adoption coming from the US. Within this context, American Express’ Serve, a subsidiary of American Express, specializing in prepaid services, allows customers to enroll their service through Mobile Network Operators (MNOs). Together with two other major […]

NFC for payments – time to ditch your wallet

It’s becoming increasingly more possible in the U.S. to use Near Field Communication (NFC) technology to make payments from your smartphone. NFC is one of the most popular and secure technologies for conducting mobile payment transactions. Over the past year we’ve seen banks, shops, and mobile operators all implementing NFC-friendly services in anticipation of the […]

Key dates for EMV in the U.S.

EMV in the United States is here. Secure, chip-based EMV credit and debit cards are now the new way to pay, and magnetic stripe cards will eventually become a thing of the past. (It’s long overdue; the Central Bank of China recommended that banks stop issuing magstripe cards after 2012, and the European Central Bank has been […]

Social media in payments: why has it taken banks so…

Last month I was honoured to be invited along to speak at an event in London to talk about the importance of social media to today’s businesses, particularly those in the financial sector where, as a phenomenon, it is often overlooked. We also heard interesting presentations from Tracy Glynn, John Hartley, Christophe Langlois, Thomas Messett, […]