Eliminating the need for Near Field Communication hardware or computer chips, French electronic transactions provider Tagattitude is using digital sounds at the point of sale to accommodate mobile payments without storing card data in smartphones, the company announced Oct. 19.

Google Wallet is riding on an active trend to connect retailer loyalty programs to mobile-payment systems.

USAA always has been an early adopter of new digital banking technology, partly because of its customer base of military personal, who often are dispatched to locations around the world on short notice.

PayPal Inc.’s brand recognition with consumers is helping parent EBay Inc.’s payment unit to position its mobile offerings as the most secure product in the marketplace, eBay’s CEO noted during a conference call to discuss the company’s third quarter earnings.

China’s mobile-payments market is expected to grow considerably in the coming years even as concerns remain about security and the lack of cooperation between telecommunication operators and banks, a new report suggests.

Google Inc. is entering the transit space through a partnership with the New Jersey Transit Agency, which will enable Google Wallet users to purchase tickets at select vending machines and ticket windows and pay fares on seven bus routes.

New innovation in remote deposit capture is coming fast as banks move into mobile capture and combine automated check deposits with other mobile and Web-based financial services.

Consumers in the United Kingdom are concerned about security when considering using mobile-wallet payment systems, according to new research Intersperience Research Ltd. released Oct. 14.

Marketing analysts who say mobile access is the future of loyalty programs with retailers and restaurants are closely watching to see how consumers respond to new mobile apps linking card purchases to rewards credits.

U.S. Bank’s launch of a mobile credit card application for iPhones could improve customer service for retail audiences, market observers say.

China is gearing up to form a new national mobile payment standard to streamline technology for operators and users, as well as optimize existing resources in the sector.

CHICAGO—Consumers will decide which mobile wallets they want to use and that is why financial institutions should participate in as many as possible, a Citigroup Inc. executive on Oct. 12 told attendees here at the BAI Retail Delivery conference.

Staking out its place in what may become a new competitive front in the ATM industry, NCR Corp. has inked a partnership with PayPal Inc. enabling person-to-person payments through ATMs, the company announced Oct. 12.

In a move that could speed up investors’ market moves, Airtel Ghana Ltd. has announced it is offering a new mobile funds-transfer service in collaboration with Databank Financial Services Ltd., a local stock-trading portal.

In a move that MasterCard Worldwide says is helping to pave the way for contactless mobile payments in the U.S., the card company on Oct. 7 announced that 7,000 Subway restaurants will accept PayPass by the end of the first quarter of 2012. Subway follows McDonald’s Corp., which began taking PayPass in 2004 at its U.S. locations.

A Toronto-based payments gateway is providing consumers with a simpler way to make online purchases from mobile phones, and it is looking for independent sales organizations to promote the product to merchants.

Bank of America Corp., whose website has been down sporadically since Sept. 30, says the problem stemmed from technical hiccups, not a hack attack.

Mocapay Inc. has signed yogurt store Yumilicious to its mobile loyalty program in a move some observers say illustrates the future for loyalty and prepaid gift cards.

Steve Jobs spent his career more focused on personal computing than on personal banking, but under him Apple Computer still left a lasting mark on the world of finance.

On its sixth day of intermittent website outages that began on Friday, Bank of America Corp. acknowledged its website troubles but would not cite the cause.