JP Morgan Chase to acquire payments tech from MCX

JP Morgan Chase agreed to acquire MCX’s payments technology to accelerate the expansion of its Chase …

Analysts tip mobile payment market to hit $3T by 2022

The global mobile payments industry is set to be worth $3.39 trillion by 2022 driven …

MCX to end test, disable all accounts

US retailer-backed Merchant Customer Exchange (MCX) is winding up a beta test of its CurrentC …

Walmart-backed payments firm MCX suffers setback

Merchant Customer Exchange (MCX), the US retailer-backed payments firm seeking to rival Apple Pay, postponed a nationwide launch and is cutting a sizeable chunk of its workforce.

Chase becomes another payment contender

Chase, the consumer banking arm of US giant JP Morgan Chase, will launch a mobile …

MCX to finally start trial, exclusivity period ends – report

Merchant Customer Exchange (MCX), a consortium of leading US retailers that includes Wal-Mart and Target, …

CurrentC supporter Rite Aid changes tune on Apple Pay

Rite Aid, a leading US drug store and pharmacy which previously blocked Apple Pay, will …

US retailer-backed CurrentC set for August trial

A mobile payment rival to Apple Pay backed by US retail giants such as Wal-Mart …

Best Buy gives in to Apple Pay as MCX gets new CEO

A group of major retailers backing a mobile-payments effort has appointed an interim CEO just a …

MCX blocks PayPal as well as Apple Pay — report

Retailer-backed venture MCX bars its members from allowing PayPal for mobile payments in their stores, …