More consumers are turning to their phones to take care of their banking needs according to the latest data from the Federal Reserve. The study, entitled Consumers and Mobile Financial Services and done in late November, showed that 28% of mobile … Continue reading
Visa and MasterCard both made significant moves in the digital payment markets this week. MasterCard introduced MasterPass, a digital service that allows customers to purchase items from wherever they are and with any mobile device. Consumers can use any payment … Continue reading
Tablet sales are skyrocketing--200 million have been shipped throughout the world in the past three years, and forecasts show that one billion will be shipped in the next five years. This could have a dramatic effect on how consumers shop … Continue reading
A new study shows more consumers are paying their bills through their mobile devices. The Fiserv study also found that there is a correlation between how consumers pay their bills and how they use the internet. Mobile apps still make … Continue reading
2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card stories of 2012: Swipe … Continue reading
Bank of America’s Plan to Drive Mobile Banking Beyond 12 Million Users As part of a drive to sign up more people for mobile banking, Bank of America is outfitting its teller stations with quick response (QR) codes that can … Continue reading
American Express is creating media partnerships to make it easy for viewers to buy the clothing, furniture and other items they see while watching a television show. The technology is being called "T-Commerce" since it is combining e-commerce with television … Continue reading
An estimated 129.2 million shoppers say they will head to retailers' websites today, up from 122.8 million who shopped last year, according to a Shop.org survey. This follows record levels of online spending over the Black Friday weekend. Special promotions will … Continue reading
Mobile Apps Aim to Steer Consumer Credit Card Choices There are two new mobile apps which help cardholders select the best credit card to use at checkout. Wallaby Financial released a free app that helps iPhone users determine which card … Continue reading
Two new studies show how rapidly shopping habits are shifting to mobile devices. A Javelin Strategy & Research study reveals over $20.7 billion in sales took place on mobile devices last year. This includes both online and in-store shopping. The … Continue reading
Your Christmas shopping may be a little more pleasant this year, thanks to greater use of mobile devices by the clerks in certain retail chains. Sears and Kmart will equip their employees in 360 stores with mobile point-of-sale devices to … Continue reading