Technology

Yapital Financial AG is seeking bank partners in Europe for its mobile payment app, but it's insisting on a long courtship.

Host Card Emulation technology, which allows mobile devices to emulate a secure Near Field Communication transaction, is catching on fast so fast that it would be unwise for any company to ignore it, says ABNote CEO Steven Singer.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

Old-school payments networks are looking for ways to speed their pathways. Tech companies are looking to blaze new trails. In the end, however, all roads lead back to one issue — security.

Square has added and removed many features over its few short years as it refines its mobile-pay pitch in an effort to win more merchants. Its removal of the Square Wallet app was the latest of many revisions to the company's strategy.

U.S. banks and other companies may already be closer to EMV compliance than they realize, says Mansour Karimzadeh, managing director and chief technology officer of payment consultant and technology company SCIL.

The Dutch startup Eaze has begun the public beta of its "Nod to Pay" app for the Google Glass headset and has added support for two Bitcoin wallets.

Italian payments technology company TAS Group is approaching U.S. issuers with a product called e-Mission that takes aim at two growing payment trends in the country: EMV-chip cards and instant issuance.

Many card issuers think they only have two options when it comes to EMV—keep all issuance in house or outsource.

BitPay will partner with Toshiba to support Bitcoin digital currency acceptance at the physical point of sale through Toshiba's VisualTouch software.