Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   Advertise   About         SUBSCRIBE:

« January 14, 2013 | Main | January 16, 2013 »

January 15, 2013

Green Dot Launches Mobile Bank Account for Smartphone Generation

Gobank logo 140pxGreen Dot has announced GoBank, "the first bank account designed from scratch to be opened and used on a mobile device. Launching in limited release, with general availability to come later this year, GoBank is fast, fair and feature-rich, allowing consumers to interact with their money in a way that’s immediate, intuitive and intimate. In addition to GoBank’s consumer-friendly pricing model of no overdraft fees or penalty fees and no minimum balance requirements, GoBank makes it easy to send and deposit money, build a budget and find an ATM, with a massive network of more than 40,000 fee-free ATMs." And don't forget the FDIC insurance.

Website is located at http://www.gobank.com/.

Payments Council Sets Launch Date for UK Mobile P2P Service

Payments council logo 140pxThe UK Payments Council has announced that the countdown has started for the launch of a new country-wide mobile P2P payments service in the UK. Specifics include:

  • Financial institutions representing 90% of UK current accounts commit to spring 2014 launch of first industry-wide mobile payment service.
  • Sending security-protected payments by mobile will be as easy as texting, without the need to disclose account details.
  • Customers will be able to send and receive payments straight from their account after simple sign-up process with their provider.

The new mobile payments service will move money directly between accounts using the Faster Payments service and the LINK network.

Where Social Networks, Payments and Banking Intersect

Kansas city fed logo 140x60px Terri Bradford of the Federal Reserve Bank of Kansas City has recently published an Payments System Research Brief entitled, "Where Social Networks, Payments and Banking Intersect".

This article reviews the extent of social network adoption, describes ways in which commerce and banking services are arising, discusses payment methods, and highlights some of the potential risks of these various interactions.

The full article is downloadable here.

NCR and PayPal To Collaborate On Mobile-Enhanced Consumer Shopping

PayPal logo 140px NCR logo 140px NCR and PayPal announced an agreement to integrate NCR’s innovative mobile solutions for hospitality and retail with PayPal’s leading digital payment technology. NCR and PayPal will:

  • Integrate PayPal mobile payment options into the recently announced NCR Mobile Pay application and NCR Aloha Online Ordering.
  • Integrate PayPal mobile payment options into NCR’s Convenience-Go (C-Go) application for petroleum and convenience stores.
  • Integrate NCR’s Advanced Marketing Solution (AMS) loyalty and offer management system with the PayPal digital wallet.

NCR’s customer base includes 8 of the 10 fastest-growing Quick Service Restaurants (QSR) and fast casual restaurant chains, 1.2 million retail POS systems and more than 100,000 self-checkout units. PayPal’s global customer base includes 117 million accounts, and has forecasted it will process $10 billion in mobile payment volume in 2012.

Sponsors

News View

Payments Consultants

Subscribe

Languages



Glenbrook Partners

PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
ISSN 1556-4487

Glenbrook's Consulting Services

  • Innovation and Strategy
  • Payments Product Development
  • Payments Market Assessments
  • Payments Vendor Selection
  • Merchant Payments Optimization
  • Payments Risk Management
  •  
  • To discuss how Glenbrook can
    help you
    , email us:

Glenbrook's Payments Education

  • Payments Boot Camps
  • Payments Essentials Webinars
  • Private Payments Workshops
  •  
  •  
  •  
  •  
  • For more information on Glenbrook's payments education, email us:

Tools for Payments Professionals

  • Glenbrook Writings
  • Payments News
  • Payments Views
  • Payments Jobs
  • Payments Education
  • Payments Bookstore
  •  
  • To send us news that you'd like us to cover on Payments News, email us:

Contacts:                        
Compilation Copyright © 2002 - 2014 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use        Privacy Policy        RSS Feed        Payments News RSS Feed

Subscribe to Payments News   

Follow Payments News on Twitter for Real-Time Updates