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Topic: CurrentC

MCX sells one-time Apple Pay challenger CurrentC to JPMorgan Chase

03/10/2017, 11:03 pm

JPMorgan Chase on Friday said it has reached an agreement with the Merchant Customer Exchange to buy the consortium's financial technology assets -- the defunct CurrentC mobile payments platform -- as the bank works to build out its own Chase Pay solution.

52 comments

CurrentC inches closer to death as Apple Pay adds over 30 banks

06/07/2016, 07:06 pm

Payments industry hopeful CurrentC continued its slow death march on Tuesday, announcing plans to officially end beta testing later in June without plans for wider rollout. In related news, Apple Pay this week gained support from more than 30 U.S. banks and credit unions.

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Apple Pay challenger CurrentC could postpone launch into 2016

08/12/2015, 11:08 am

MCX's CurrentC mobile payment platform may not officially launch until 2016, since the consortium is working to get things right, CEO Brian Mooney said in an interview published on Wednesday.

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Consortium-backed Apple Pay competitor CurrentC to launch 'trial run' in August

07/24/2015, 12:07 pm

CurrentC, the MCX-developed mobile payment platform backed by a number of major U.S. retailers, will reportedly see an initial trial run in August, signaling that the service is finally approaching a public launch.

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Race to beat Apple Pay picks up, as PayPal buys CurrentC-linked Paydiant

03/02/2015, 01:03 pm

The mobile payment industry continues to see shakeups this week, as PayPal has announced it will acquire Paydiant, a mobile wallet developer with clients including MCX -- the consortium behind retailer-driven Apple Pay competitor CurrentC.

31 comments