The Spanish banking giant Santander has withdrawn from the bank consortium R3 CEV, becoming the second defector from the blockchain group this week after Goldman Sachs.

Few of Apple's numerous patent applications make it to market, but if the consumer electronics giant follows through on one filed last week, iPhone users may have the Siri virtual assistant helping them with person-to-person payments through the iMessage platform.

Google's Android Wear products came to market well ahead of the Apple Watch, but in one category they have always been a step behind: contactless payments.

EBay Inc., struggling to turn itself around and catch up with dominant Amazon.com Inc., has invented a new day: Mobile Wednesday.

Earthport has used distributed ledger technology, including a partnership with Ripple, to build a global cross-border payment network.

A full year into the EMV migration, crooks are expected to be even more aggressive about attacking soft spots in online and mobile transactions.

Barclays is responding to consumer expectations of a smooth mobile experience in all venues by adding technology at ATMs.

The app will be available at 7,500 Starbucks locations in the U.S. and 1,400 Best Buy locations, and is part of a much broader rollout that's expected to last into early next year.

India's cash crisis may threaten the country's traditional wedding season. Uber is attempting to solve some of the problem with a new car booking service.

Illegal methods of moving money are just as likely to be low-tech and old school as high-tech and sophisticated. Surveillance methods and processes need to be able to counter both.

Biometrics has long had an interoperability gap. Visa is trying to address that with a new project that brings flexibility to biometric options.

The Scan & Go mobile app went live last month at Sam’s Club, allowing consumers to scan their own items as they shop and pay within the app, an innovation that could cut down on checkout lines.

Charitable giving is a big part of contactless payment innovation, and Quest Payment Systems is hoping to gain share in the Australian non-profit market.

Comdata says the majority of fleets are relatively small, and are underserved by most existing platforms.

Connected devices is the key innovation behind Optus and Frank Green's coffee cup that can also support contactless payments.

The two-year old APASS has helped Alibaba persuade wealthier consumers to up their spending at Tmall and Taobao shopping emporiums.

The app is based on a Masabi’s ticketing platform used by agencies and operators such as London’s Thames Clippers, Preston Bus, New Orleans’ RTA, Boston’s MBTA, Transport for Athens, Los Angeles’ Metrolink and New York’s MTA.

Forget about municipal governments. Through transactions such as payments, banks have a trove of data that can be used to revolutionize how cities work.

Typically merchants post signs at EMV terminals to tell their customers how they work, or that they should keep swiping. Starbucks is taking a more forward-thinking approach by treating EMV frustration as a mobile marketing opportunity.

India's abrupt recall of its larger bills — a bid to crack down on tax evasion — was a crash course in how to adapt to a cash shortage. Was this an opportunity for mobile payments or a failing of the overall financial services system?