Technology

Google Inc. could score much-needed points in the mobile-payments market if rumors prove true and the company succeeds in launching its Google Wallet application in London in time for the 2012 Summer Olympic Games, one mobile-marketing expert believes.

Young, tech-savvy adults may be the quickest to embrace new technology, but don’t bet on them trusting social media sites or funky startups with their cash. Banks win out easily, at least for now.

Despite new limits on debit card interchange, the price of Slurpees has stubbornly remained the same, according to a survey completed by the payments industry’s lobbying group.

More consumers are using smartphones to pay monthly bills, and cards are their preferred method of payment, according to new research from Fiserv Inc.

A wristwatch in the United Kingdom can do a lot more for its owner than provide an accurate time, if it happens to be a new watch2pay model that can complete contactless payments.

U.S. consumer borrowing rose in October to the highest mark in two years, led by gains in non-revolving debt such as auto and student loans.

Verizon Wireless’ decision to deny Google Inc.’s mobile wallet a place on the upcoming Samsung Galaxy Nexus smart phone likely has more to do with compensation than security, some observers contend.

Euronet Worldwide Inc. has acquired Romania-based Smart PayNetwork SA to expand its transaction processing for financial institutions in central and southeastern Europe, the e-payments provider announced Dec. 6.

Getting businesses to adopt electronic payments has been frustrating for banks, which still face high use of paper checks and exceptions.

Phishing is old news, which is part of why it is so dangerous today.