Technology

General Motors is expanding its collaboration with Mastercard to enable drivers to order and pay from inside their cars. It's further evidence THE thing in Internet of Things is the car. However, the convergence of order-ahead payments and connected vehicles must contend with safety concerns that simply aren't a part of any other digitally connected channel.

A group of credit unions is working to get a jump how real-time payment processing fits into their world, even as the broader payments industry wrestles with questions about the technology's implementation.

Third party 'pays' and app companies like Uber are making the payment almost invisible, and threatening banks' relationships with consumers, writes G. Vedanarayan and David Griffiths of VirtusaPolaris.

Diebold’s purchase of Wincor Nixdorf made plenty of sense as a merger of two ATM giants. But that's not what the companies want to become.

Bango tightened its hold on the carrier billing market in Indonesia, adding leading mobile network provider Smartfren as a user of one-click payments on Google Play, the app store for Android devices.

Despite the best intentions of Apple and Google to ignite contactless, the QR Code persists as a tenacious legacy technology providing the connective tissue between physical and digital domains. Further evidence of its persistence comes from Facebook.

Once millennials and tech-oriented consumers become the majority of banks’ customer base, disruption will cease to be just a threat. It will be a fact.

Sovrin, a new blockchain for the creation and management of digital identities, may help credit unions save money and fight fraud while returning power to individuals.

Bankers are well aware of the industry transformation taking place. However, they need to convince employees that change is worthwhile before turning reimagined business models into realities.

Restaurants and other hospitality businesses have suffered a series of breaches. E-wallets can provide extra security and marketing heft at the same time.