The New York taxi system has formally launched a mobile app that allows riders to hail and pay for rides.

Kash Corp. is prepared to move into the money transfer world, launching an application programming interface (API) that will allow companies of all sizes to accept direct debit payments without credit card fees.

Elizabeth Buse plans to step down as Monitise's CEO less than two years after assuming the top role at the slumping mobile technology company.

With the mobile payments landscape rapidly evolving, banks face a vexing challenge: what should their go-forward strategy be?

MasterCard Europe is making a major push to increase mobile payments acceptance points and encourage higher value transactions, considered a “tipping point” in the market’s maturation.

Samsung is trying to take wearables beyond watches and bands into something closer to traditional fashion, including a full suit, a purse, a bag and a line of shirts—all equipped digitally.

Android Pay is Google's third attempt at a digital wallet, following Google Wallet and Google Checkout. How much has the technology giant learned from its past experiences?

CHICAGO — Mobile payments got the kind of promotional kick it will need in the future — from a veteran country music star — at the annual Mobile Payments Conference this week.

CHICAGO — The mobile commerce revolution is pressuring legacy payment companies to quickly diversify to stay relevant, leading Discover Financial Services to build a gateway where merchants can add digital transactions and other services.

CHICAGO — Financial institutions have fallen behind the payments innovation curve, though they can catch up quickly by adopting the faster payments initiatives that are accompanying mobile and digital transactions.

What happens when you combine mobile wallets with the emerging hype about beacons? You get a winning combination for retailers that boosts shopper loyalty and in-store spending.

Barclays is attempting a diverse range of tactics to move customers beyond plastic cards, with its latest attempt being a "fashionable" jacket that's linked to the wearer's bank account.

CHICAGO — First-generation mobile wallets found themselves in an "unfair fight" against the likes of Starbucks and its branded mobile pay and loyalty system, forcing Google to rethink how it would position Android Pay, Google executive Jack Connors said.

U.K. consumers have been able to "tap & pay" with their contactless cards for nearly eight years now.

Competition among e-commerce payment gateway providers in Australia has heated up, as key companies have had more than a year to get footing in a country increasingly adapting to new payments technology.

Swedish payments startup iZettle AB has raised 60 million euros ($67 million) to expand in Europe and fund a plan to offer merchants cash advances on future card sales.

London-based mobile point of sale provider SumUp has received 10 million euros [$11.2 million U.S.] in funding from investors, including American Express, Groupon and BBVA Ventures.

Application programming interfaces (APIs) have driven a technology revolution for small businesses that use the open development tools to add payments to e-commerce sites.

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique attacks that rely on mobile devices.

The "buy buttons" that are popping up on social media platforms are intentionally simple, often meant to enable one-click purchases of individual products. But as the technology's popularity grows, so must its capabilities.