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(via Payments News – from Glenbrook Partners)

On the web: The Contactless Sticker as a Mobile Wallet Trojan Horse – NetBanker – “Increasing costs with a contactless sticker is not for everyone. But if you are looking for a tangible point of differentiation that also builds your tech cred, this is one possible solution.” Big gap remains between hopes, realities of proximity payments – Mobile Payments Today – “In what is arguably bad news for the mobile payments industry, research firm eMarketer has reduced its forecast for U.S. proximity mobile payments in 2013 by more than half, from $2.12 billion to $1 billion.” ID verification as the…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

Bangalore-based Ezetap has announced the launch of what it’s calling “the first integrated and globally certified Mobile Point of Sale Device with a price point under $50” that supports magnetic stripe and chip and PIN card acceptance. The entire Ezetap solution from its card reader to service platform has been 100% designed and developed in India. “Ezetap is committed to delivering world-class products from India.” said Abhijit Bose, Co-Founder and CEO of Ezetap. “To succeed, we needed to deliver a product that met the highest global security and technical standards, but at a price that could help spread the adoption…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

RBC has announced RBC Secure Cloud – a mobile payments service that keeps sensitive client data secure with RBC in the cloud, not on the phone. RBC says this “makes RBC Secure Cloud a safer, faster, more flexible solution.” RBC is calling the service “the first cloud-based mobile payments solution in Canada” – and notes that it’s “patent-pending”. With RBC Secure Cloud, the financial institution assumes the security burden, since sensitive client data remains with the bank, as opposed to keeping it on the phone. The data is transmitted encrypted and decoded locally on the client’s mobile device at point…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

U.S. Bank has announced that it is adding Square Wallet to its digital wallet options available to customers on their iOS and Android smartphones. The bank says that “customers can link their U.S. Bank credit, debit, or prepaid account to the Square application to make purchases from their smartphone.” “We share a strong commitment with U.S. Bank to helping local businesses thrive” “Commerce is changing,” said Dominic Venturo, chief innovation officer for U.S. Bank Payment Services. “The proliferation of smartphones is altering the way consumers shop, compare products and make purchases. Our goal is to be where our customers are,…

Complete story at source: Payments News – from Glenbrook Partners
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More fresh stories at http://radudee2…

(via Payments News – from Glenbrook Partners)

Over on our PaymentsViews.com… blog, Glenbrook’s George Peabody takes a look at mobile payments – vamping off a recent Reuters blog post by Felix Simon. Noting that it is less about payment and more about commerce, he lists four key elements he thinks are required to really bring mobile commerce to life.

Complete story at source: Payments News – from Glenbrook Partners
http://www…

More fresh stories at http://radudee2…