Technology

I'd be hesitant to say that mobile payments are ubiquitous today, but during a four-day trip to Texas, I got to see just how far the technology has come when I lost my physical wallet with all my plastic cards.

Alipay, the Alibaba Group Holding Ltd. financial affiliate controlled by Jack Ma, is trying to gain a foothold with U.S. retailers by offering them tools to help sell to consumers in China.

Fuel retailers may shudder at the potential costs of upgrading gas pumps for EMV chip-based card acceptance, but they are a prime target for vendors offering secure mobile payments and deeper fraud-screening analytics.

The financial industry is making payments better, more efficient, simpler—and faster.

The merchants and issuers invested in Apple Pay must maintain a strong emphasis on employee education — especially if the stakeholders want Apple's mobile wallet to avoid the fate of the many previous payment technologies that sought to displace plastic cards.

WASHINGTON — A long-running battle between the Mortgage Bankers Association and the Labor Department is headed for the Supreme Court in December and the outcome could have a significant impact on banks and other mortgage lenders.

OpenTable has released its mobile payment offering in the Washington, D.C. metropolitan area.

A Twitter Inc. account and a bank card is all you'll need in France to tweet money to a friend or a charity. The transfers will be based on a simple rule: no retweets.

Friendly fraud may sound like less of a threat to business than other more large-scale, aggressive attacks, but this sleeper predator costs retailers nearly $12 billion per year, leaving unprotected merchants completely empty-handed and liable for fraud that wasn’t really fraud in the first place.

PALM BEACH, Fla.—Handling transactions is secondary for the tech giants now entering the payments industry, says Diane Offereins, Discover Financial Services executive vice president of payments.