KPMG has announced results of a survey of U.S. consumers finding that they "believe mobile banking is important but do no not want to pay for it and also are wary of using their mobile devices such as cell phones, smartphones, and personal digital assistants (PDAs) for financial transactions and online banking." READ MORE »

Maxis Communications Bhd, in collaboration with Nokia, Visa, Maybank and Touch 'n Go, has announced the launch of Maxis FastTap - calling it "an integrated mobile payment service that utilises Near Field Communication (NFC) technology. With the service, customers can use their Nokia 6216 Classic phones to purchase goods and services at more than 1,800 Visa payWave merchant locations as well as pay for toll, transit, parking and theme park charges at over 3,000 Touch 'n Go points nationwide." READ MORE »

The Federal Reserve Banks and Equens have announced "signing a Memorandum of Understanding for the processing of payments from the US to Europe and vice versa. Starting in early 2010, both parties will offer banks a cost-efficient channel for processing cross-border payments in multiple currencies, including the US dollar and euro." READ MORE »

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