Iot

As connected devices expand in use and add payment capabilities, retailers and technology companies will need to move fast to stay safe and ahead of the curve.

As cars add web connectivity, the opportunity to embed payments are almost endless. It's an opportunity that's too big to ignore.

Connected devices are expanding quickly, as are payment apps. The combination may make following commerce and security mandates harder in the future.

When Visa turned part of its technology shop into an innovator's sandbox, the card brand hoped it would accelerate its evolution from a rail for plastic cards to a diverse commerce enabler.

Third party technology development from APIs and real-time digital payments are expanding, creating a new area of security risk.

Payment companies like Braintree and the card brands have opened up their technology to external developers. The next generation of merchant apps will require even more flexibility and speed.

More everyday products are becoming connected devices, including refrigerators, washing machines and even mirrors. As each household item evolves, companies are eager to transform them into channels for shopping.

Buying clothes can be a tedious process of waiting in lines to get into the dressing room, and then waiting in line again to make a purchase. As it turns out, eliminating the second half of this process can also reduce the first half.

The rush to stake out central roles in the emerging Internet of Things is picking up speed, with IBM and Visa announcing a partnership for adding secure payments technology to everyday objects, including vehicles.

LG is rethinking its strategy around LG Pay and its newest smartphone, the G6, won’t include a mobile payments feature when it’s unveiled later this month at Mobile World Congress in Barcelona