Mobile payments

Under PSD2, banks are expected to admit all vetted comers, but how they will connect to them is up to the individual parties, writes Raz Rafaeli, CEO of Secret Double Octopus.

If everyone has a universal digital identity, the documents that identify us in the physical world will no longer be necessary, writes Michael Gorriz, group chief information officer for Standard Chartered Bank.

As technology around us evolves to be more pervasive but less intrusive, the interface between devices and the world around us is adapting to mimic and recognize human senses such as voice and sight.

As the digital age reduces the wear on physical cards, how is it that some consumers are requesting new cards more frequently?

A "smart" token is a regular token on steroids, transmitting the information needed to authorize the transaction together, including enhanced counterpart identity, transaction and invoicing data, writes Marten Nelson, vice president and co-founder of Token.

A popular person-to-person payments app in Italy is getting the backing of Intesa Sanpaolo Bank to become an option at the point of sale in more than 150 retail stores in Milan, Rome and Turin.

Shopping and paying for goods with a smartphone or tablet has been a staple of modern consumerism for years, but mobile wallet adoption is just at its early stages, writes Lisa Stanton, president of InAuth.

Not long ago, self-checkout lanes were seen as an encroachment on traditional retail sales, depriving shoppers of the personal touch that comes with interacting with a cashier. Today, this model is under attack from mobile devices, which are both more high-tech and more personal.

Toronto-based Glance Technologies has introduced a new version of its Glance Pay mobile payments app that uses micro-location sensing technologies along with image recognition, an approach it says is easier for merchants to adopt than QR codes.

Royal Bank of Canada has updated its mobile app to enable personal banking users to ask Siri to pay their bills on iPhone and iPad.