Technology

When Walmart switched on Walmart Pay this week at 600 stores in two states, it marked the beginning of a new era, when merchants finally take the reins in mobile payments — and, by extension, the future of digital commerce.

The Merchant Customer Exchange, a retailer-backed mobile wallet venture of over three years in the works, has postponed its plans for a national rollout of its mobile wallet.

Huntington Bancshares is the latest institution to add a cybersecurity expert to its board, highlighting the growing importance of guarding against hackers and other online dangers.

Walmart Pay, the mega-retailer's mobile wallet, has gone live at its stores in Texas and Arkansas in anticipation of a national rollout.

More banks in Australia are lining up support for Android Pay, giving Google's contactless payment system some firmer footing in international markets.

Too many fintech companies are selling superficial products. Entrepreneurs need to start solving hard problems and offering real value.

WePay's bread and butter has been offering a streamlined e-payments hookup for online merchant platforms, and it's now adding in-person payments to keep businesses with offline needs from turning to the likes of Square.

Stadiums, concert halls and other entertainment settings have long been venues in which terminal providers like NCR or Oracle would likely have units in place, offering a vast array of functions tailored to those businesses.

Transaction laundering is an increasingly popular scam, in which cyber-criminals hijack the legitimate payment process to sell all manner of illicit goods and services online.

Mitek Systems took advantage of the rise of smartphones by enabling remote deposit capture and identity verification on mobile devices. But that created a gap with laptops and desktop machines that Mitek is trying to address with an extra integration.