Even though nonbanks seem to be taking the lead in the mobile wallet race, U.S. consumers still put more trust in banks to protect their money.

Google Wallet users who request the accompanying plastic card can activate that card through the wallet's mobile app, a process that will become increasingly common as mobile payments advance, experts say.

The payments industry is full of big ideas that haven't always found the right audience. As we enter 2014, a few trends are bringing new relevance to some older technologies.

TipperCoin is attempting to combine two concepts that have faced strong headwinds in the past year: digital currency and Twitter-based payments.

Emerging payments developers shouldn't feel forced to place all their bets on one platform or another. In the shorter term, successful future models of banking will be hybrids.

In the past few years, the payments industry has experienced a flood of new offerings, from consumer-facing giants like PayPal and Google to Silicon Valley startups such as Square.

Sony Corp., which launched its new PlayStation 4 video game console last month, is updating and promoting the payment options consumers can use with its new and older PlayStation systems.

Small Business Payments Co. recently launched its WorkBench cash management platform, allowing businesses to make credit card and e-check payments, with other features planned for the future.

The Minneapolis-based bank has been using mobile and digital watermark technology internally at board meetings to add multimedia elements to what would otherwise be static reports. It is now extending that technology to shopping and payments.

As more mobile wallets experiment with alternatives to Near Field Communication, Isis stuck to its use of the contactless payment technology. But will that prove to be a winning strategy or just a payments-industry fad?

As mobile wallets mature, so will attempts to use the technology to marry payments and marketing, says Fiserv's Matt Wilcox.

The Walt Disney Co.'s board of directors has elected Twitter and Square co-founder Jack Dorsey as an independent director.

Square, Google, PayPal and many other mobile payment providers overhauled their technology in 2013. Here's a look at how things changed, on the surface and underneath.

Mozido LLC, a white-label mobile technology provider, is piloting a person-to-person payment method using Bluetooth Low Energy (BLE) technology, allowing users within proximity of each other to transfer funds with their mobile devices.

Flipkart Payment Gateway Services has launched a consumer-facing version of PayZippy, allowing shoppers in India to make secure online transactions with numerous merchants.

Loop Commerce is attempting to stake its position in e-commerce by offering payments technology that provides a gift's recipient some control over what is being purchased.

PayPal's corporate parent eBay has completed its $800 million acquisition of Braintree.

MasterCard, eServGlobal and Bics have formed HomeSend, a joint venture that allows consumers to send money to and from mobile money accounts, cards, bank accounts or cash outlets.

La Caixa Bank says it will soon launch the largest mobile payment venture in Europe, once again placing the bank at the center of a major European payments initiative.

Oink, which was previously called Virtual Piggy, is ready to expand its youth-oriented online payments business to include merchants with a physical presence.