By Kevin Woodward@DTPaymentNews U.S. consumers are becoming more aware of mobile payments, which could potentially increase use of the burgeoning digital-payment method. Indeed 56% of them are “extremely aware” of the technology, finds the 2016 North America Consumer Digital Payments Survey from Accenture. In 2015, the figure was 52%. Only …

By Jim Daly@DTPaymentNews Nearly three-quarters of mobile-phone owners have made some sort of payment with their devices, but in-app, bill, and person-to-person payments all exceed in-store payments, according to new findings from First Annapolis Consulting Inc. The Annapolis, Md.-based consulting and research firm says 74% of mobile-phone-using consumers reported in …

By Kevin Woodward@DTPaymentNews Mobile payments continue to garner merchant interest as more retailers are accepting mobile wallets, research shows. Meanwhile, drug-store chain Walgreens is making its loyalty program available to users of Android Pay. Thirty-four percent of small businesses accept mobile payments like Apple Pay and Android Pay, finds the …

JPMorgan Chase Co.’s Chase Pay mobile wallet, probably the most ambitious bank-operated U.S. mobile-payments service, on Wednesday announced it has signed up Phillips 66 Co., which sells gasoline under the Phillips 66, Conoco, and 76 brands, and will accept Chase Pay at its pumps and in its stores. No date …

A streamlined approval for contactless mobile-payment devices announced Wednesday by chip card standards body EMVCo could help mobile-payments boosters realize their elusive dream that the coming of chip cards to the U.S. also will lift smart-phone-based payments. The new approval process is meant to confirm that mobile devices enabled for …

Just as consumers have become accustomed to using their credit and debit cards across multiple shopping channels, so too are many expecting the digitized, and mobilized, versions of these cards to mimic that experience. That finding, from 451 Research LLC’s “Mobile Pay and Commerce Advisory Report,” suggests that early adopters …

  Mobile-wallet payments still account for less than 1% of Bank of America Corp.’s credit and debit card charge volume, but they are growing fast, as are mobile deposits, the nation’s second-largest bank reported Thursday. BofA’s mega-bank rivals JPMorgan Chase & Co. & Wells Fargo and Co. also reported growth …

The prospect of leaving the house with just a smart phone in lieu of a wallet full of cash and payment cards is 14 years away, according to a survey released Thursday by the Institute of Electrical and Electronics Engineers (IEEE), a technology association based in New York City. By …

To the extent there is greater mobile-payments use among merchants and consumers this year, that increase will likely bring with it a greater potential for fraud. That’s the cautionary note from Fair Isaac Corp. executive T.J. Horan, vice president of fraud solutions at the analytics-software company. In-store mobile payments will …

The real reason mobile payments haven’t taken off is that they haven’t offered anyone a compelling reason to replace cash or cards, says Nick Holland. Around 15 years ago, I wrote a thesis on the potential for mobile payments using radio-frequency ID technologies, such as Bluetooth and the recently announced …