Socially Awkward Teens May Drive Mobile Payment Adoption

Using a credit card is not much harder than using a payment-enabled phone. If you don’t get that, maybe it’s because you are getting too old (sorry if I’m the one breaking it to you).
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Discover Cardholders Can Now Send Cash to Anyone With a Phone Number

Discover quietly launched a new service this week, allowing customers to send money from their phone to anyone with an email address or mobile phone number.

American Express Launches All-New Digital Payments Platform to Attack PayPal's Bread and Butter

American Express is launching an all-new Internet-based payment system that will go up against PayPal as part of the company’s plans to expand beyond its briefcase-touting business clientele.

Most Top Banks Have an App for That

The era of being afraid to bank on mobile phones seems over–at least from the banks’ point of view.

Bank of America Closing Branches You Never Went to Anyway

Remember the last time you set foot in a real brick-and-mortar bank? Me either. And we’re not the only ones. With more and more people managing their financial affairs via PC and mobile device, a bank’s retail presence no longer need be as ubiquitous as it once was. The latest institution to realize this–Bank of America, which, according to The Wall Street Journal, plans to close up to 10 percent of its 6,100 branches across the country over the next three-to-five years.
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