Mobile payments

Messenger bots, an artificial intelligence-driven application, can respond to customer queries over social messaging platforms. Bot interactions attract a consumer who is engaged and interested in pursuing a transaction.

The EMV migration includes support for chip cards and NFC contactless payments, giving banks room to compete in the contactless payments market just in time for wearables to take off.

Taxi hailing and payment technology has been an important part of Verifone's mobile payment strategy, and this new move will fold Way2ride into Curb.

President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.

Host Card Emulation, which enables mobile payments without reliance on a particular handset, is driving the project in Scotland.

Starbucks Corp.’s much-ballyhooed mobile-ordering system has brought a painful side effect to the coffee giant: traffic jams at the pickup counter.

Alipay's deal to buy MoneyGram for $880 million may be the centerpiece of its strategy to expand beyond China's borders, but it's not its first move in recent months. The Alibaba payments affiliate has already extended its reach in several other ways.

The method is still based on paper money, but the model includes steps that get consumers ready to adopt e-commerce. Given the region's smartphone penetration, that's an inevitability.

BMO Harris Bank is providing its customers with a branded P-to-P payment app, continuing a trend of developing mobile payment and banking services.

U.K.-based Rambus Ecebs, a provider of mass-transit ticketing technology, is harnessing Host Card Emulation (HCE) for its new service supporting a virtual ticketing app that can replace physical transit cards.