John Adams

One of Europe's newest digital wallet initiatives is relying on technology that sidesteps carriers, another blow to an industry that's suffered greatly in its attempts to gain share of the mobile payments market.

Merchants today face the daunting task of investing in several payment technology upgrades at once, and the confusion surrounding this process could bolster many pre-existing security vulnerabilities, argues point of sale security expert Chris Strand.

Despite being widely encouraged to do so, most banks have not rushed to build their own mobile wallets to maintain their brand identities while complementing the capabilities of existing payment apps.

Billions of dollars are changing hands in the ATM industry, accelerating a revolution in how self-service is used in both bank branches and retail stores.

Diebold and Wincor Nixdorf — which plan to merge under the name "Diebold Nixdorf" — were already in the midst of major projects to digitize bank branches and retail stores before the pressure from mobile devices led them to join forces to keep pace with innovation.

Diebold and Wincor Nixdorf — which plan to merge under the name "Diebold Nixdorf" — were already in the midst of major projects to digitize bank branches and retail stores before the pressure from mobile devices led them to join forces to keep pace with innovation.

Mobeewave combined two Canadian staples — hockey and contactless payments — to test a technology that allows smartphones to pay 'each other,' and is now taking the concept on the road to other markets.

There's no shortage of upstarts trying to cut cost, time and risk out of global money transfers. To maintain its position, Western Union is investing in the technologies it finds the most promising while keeping others at arm's length.

The market for international e-commerce in China is growing much faster, and working much more smoothly, than attempts by Western companies to launch within the country.

Before answering a single question about bitcoin or blockchain technology, Align Commerce CEO Marwan Forzley began slamming the mainstream process of moving funds across borders.

Pilots have to pay for gas and let air traffic controllers know when they need it, but a mobile payment app can help them do that while eliminating paperwork and managing other tasks common with flying corporate, private or charter planes.

Video games have long been supportive of new payment systems, in part because many games cater to an audience that may be too young to have a traditional bank account or credit card. But can gamers also be a good target market for financing?

Apple is reportedly going to its bank partners with a pitch to tie in their scale to jump-start an Apple-branded person-to-person payment system.

MasterCard is extending its Zero Liability protection to cardholders and small businesses in all of its markets in an effort to recalibrate the program to match the realities of digital commerce.

Given the number of mobile payment companies targeting small business, there's lots of slicing and dicing of the market in the name of differentiation.

U.S. Bank is making a small-business online payment management system available to consumers.

U.S. Bank is making a small-business online payment management system available to consumers.

Mobile payment initiatives in Canada are adding perks such as shopper loyalty programs, which can help differentiate the bank and carrier-branded mobile wallets when Apple Pay arrives.

If Visa and MasterCard seem to be shining an extremely bright spotlight on their tokenization efforts, it's because they view it as vital to their survival.

Visa is nearing an acquisition of Visa Europe in a deal that could be announced as early as Monday, according to a report in The Wall Street Journal.