LAS VEGAS — Money20/20 conference kicks off with panelists at early sessions confident payments are nearing several tipping points.
An estimated 70% of Jamaicans are unbanked, but 67% have smartphones. Mobile wallets are an obvious solution.
MCX’s CEO calls press conference to talk details, early 2015 national launch plans.
Pharmacy chains Rite Aid and CVS disable NFC systems, signaling MCX alliance.
Smart Payment Association research clarifies relationship with EMV, Google’s host card emulation and other payment players.
Apple Pay is winning headlines along with retailer, financial institution and consumer buy-in.
NCUA Vice Chairman Metsger says more than two-thirds of the 500 financial institutions supporting the new tool are credit unions.
Having innovative products and services is one key way to stay ahead of the competition.
To compete, credit unions should ensure their mobile systems are up to par.
Commentary on current financial issues.