Technology

Nokia Oyj's mapping business will work with partners to develop global standards that would allow users to buy transit tickets in cities around the world from a single mobile-device app.

Some rules are black and white, which is why Sift Science has added the ability for clients to integrate automatic rules on top of its machine-learning fraud detection system.

Finding Apple Pay-accepting merchants in the U.K. isn't quite the needle-in-the-haystack proposition that it is in the U.S., but it's still enough of a challenge to raise concerns among Apple's partners during the mobile wallet's launch in the country.

Treasury Deputy Secretary Sarah Bloom Raskin told a group of bankers that law enforcement and regulators need to declassify more information so banks can protect themselves.

First Data has acquired a San Diego-based digital card distribution firm called Transaction Wireless Inc. (TWI), a company which, paired with First Data's 2014 purchase of Gyft, rounds out the company's gift card strategy.

Apple Inc. is making the U.K. the first market outside the U.S. for its digital-wallet system as the company fights for a place in the electronic-payments industry.

Biometrics are a catalyst to streamline authentication, though the technology contains a vulnerability that Payfone thinks it can solve with the SIM cards that match consumers to a computing device such as a smartphone.

Instagram, Pinterest, and Snapchat have recently started to offer or test e-commerce and payments opportunities, and online stores need to pay close attention given the potential size of the consumer base.

Barclays' absence has been a major issue surrounding Apple Pay's long awaited move into the U.K., though with a formal announcement of Apple's mobile payment play coming as early as July 14, word of the bank's reversal started to circulate online.

American telco company IDT Corporation has launched a direct-to-mobile-wallet service to Kenya and Niger through its international money transfer service, Boss Revolution, entering markets where mobile payments have been successful in the past.