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CurrentC announces launch date
Finally, some good news for CurrentC! As the new CEO, Brian Mooney, formerly CEO of Bank of America Merchant Services, one of the largest US merchant payment acquirers, Merchant Customer Exchange (MCX), a group of large announced it expects to launch an early version of its CurrentC mobile payment app mid-year in an unnamed, mid-sized market. The group unveiled [...]
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MCX crushed as Best Buy moves ahead with Apple Pay
In more bad news for MCX, Best Buy customers can now use Apple Pay to buy electronics online, with the physical stores to follow later this year, Apple CEO Tim Cook said on today’s Apple earnings call and Best Buy confirmed. Best Buy was a strong boost for the unreleased CurrentC, a mobile payment service pushed by the Merchant Customer [...]
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Apple Pay struggling to gain bank support outside US
According to several reports over the weekend, Apple is struggling to get the same level of support for its payments brand Apple Pay, outside of the US. Apple is alleged to have begun to contact financial institutions in Ireland and the UK ahead of a possible rollout of its Apple Pay technology later this year, [...]
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Europeans rapidly adopting mobile payments
The number of Europeans who will use a mobile payment application in 2015 will rise 51% year over year for a total of about 185 million, according to an ING survey. 59% of 14,000 consumers said they are more likely to use bank-associated apps for mobile, compared to 39% of those who will use “named [...]
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Royal Bank of Canada launches Mobile Wallet
Royal Bank of Canada, which over a year ago built its own mobile wallet technology (with partners) that it’s adapted to work with Apple Pay, Android alternatives and the card networks’ host card emulation. It has a patent pending on its RBC Secure Cloud technology. The bank’s goal is to secure a prominent place in [...]
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