Apple Pay gains support for 18 more US banks, credit unions

first_imgContinuing recent trends, the additions skew towards a relatively even mix of credit unions with traditional banks. For a stretch of time the company concentrated heavily — though not exclusively — on credit unions.Apple Pay is now available in both the U.S. and the United Kingdom, the latter having gained the platform in July. Several major banks there have yet to launch promised support, including Barclays, Halifax, Lloyds, and the Bank of Scotland.The next country to gain support could be Canada, since rumors have pointed to a November launch. An announcement could be made at an anticipated Sept. 9 press event. continue reading » 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Wearable Technology: Seeking a financial services breakthrough

first_img 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Wearable devices have long been regarded as the next frontier in e-commerce.Problem is, the financial services industry has yet to fully commercialize the previous frontier: mobile technology.One could even argue that the smartphone has become a wearable device given the separation anxiety many consumers confess to feeling without their mobile phone at their side.Nonetheless, there are meaningful developments in wearable technology that warrant credit unions’ attention before they find themselves behind the curve.Let’s start with the first wave standard bearers.Apple WatchThe Apple Watch is an interesting case, although to most casual observers its launch has been a ho-hum. Apple is quick to point out, however, that it sold more watches than iPhones in the first year of each product’s release. continue reading »last_img read more

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