John Adams

Consumers still aren't eager to make payments from their phones, despite the immense security boost mobile wallets provide through encryption, tokenization, dynamic account data and biometrics. So MasterCard is taking these technologies and hiding them in other products.

The bank owners of the clearXchange payments network and the Early Warning risk management service hope that by combining the two programs, they can remain in control of technologies that will become core to mobile commerce.

The bank owners of the clearXchange payments network and the Early Warning risk management service hope that by combining the two programs, they can remain in control of technologies that will become core to mobile commerce.

The best time to get someone to buy something is when they're actually discussing buying it, according to Teamchat CEO Beerud Sheth.

When Square created the market for mobile point of sale devices, Verifone got defensive. Today, with the rollout of its Engage platform, Verifone is going on the offense.

More than a mere buzzword, "omnichannel" is as close as the payments industry has come to assigning a name to the group of actions that make up a complete purchase across the retail store, Web and mobile devices.

While Diebold and Wincor Nixdorf may soon merge to form the world's largest ATM company, NCR is working harder than ever to set itself apart in the rapidly changing ATM/self-service payment market.

In buying Germany's Wincor Nixdorf, Diebold would not only be eliminating a rival — it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.

Diebold would not only be eliminating a rival in buying Germany's Wincor Nixdorf — it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.

With its IPO out of the way, First Data is accelerating its focus on merchant technology, and that means luring the developers who are rapidly changing how people shop and pay.

MasterCard's Craig Vosburg is trying to improve the quality of life in cities around the world.

Visa hopes to cut through the chaos that surrounds security threats by creating an intelligence service to distill and deliver information on vulnerabilities and potential attacks.

Consumers may not be adopting contactless mobile payments in droves, the tech companies behind the world's most popular smartphones are piling on the mobile wallet bandwagon.

Payment technology that comes with the EMV stamp of approval already in place may get a boost as a result of the bottleneck newer systems face in getting certified.

Dallas' transit system has launched a two-year project to enable contactless payments, a move the project team hopes will boost transit use and mobile wallet adoption, two areas in which supporting infrastructure is growing faster than consumer adoption.

The British government and a trade association are trying to nationalize open loop contactless payments for transportation, a project of staggering scope designed to provide seamless rider transactions for buses, trains and local mass transit systems.

Visa Europe is collaborating with Central Saint Martins College to determine if the true innovation in wearable computing is less about the "Internet" and more about the "things."

Since mobile app purchases are of little use to retailers if consumers bail on the transaction, technology vendors are keener than ever to cure 'cart abandonment.'

Business-to-business payments are well behind the curve of payments automation, though there's signs activity is about to pick up.

Twitter's board is expected to name Jack Dorsey CEO sometime in the next few days, according to technology site ReCode.