Mobile payments

There's been a rapid growth of cross-border payments and remittance startups, and CIBC responded with a major project designed to streamline transactions.

Maikki Frisk will become the Mobey Forum's executive director early next year, replacing Sirpa Nordlund, who is moving to a payments startup.

Consumer tastes for person-to-person payment apps differ widely from one market to another, and also change rapidly over time.

One of the earliest bitcoin companies, Circle has attracted several rounds of investments and is beginning to diversify its strategic focus.

The collaboration gives Apple Pay an entry into the freelance payment market, an industry that's growing fast but underserved.

The company hopes to build off of its successful mobile app by adding new ordering technology. A massive international expansion of its store footprint is also in the works.

In short order, Mastercard, Visa and now Amex have made rapid strikes designed to not only bolster identity protection for online commerce, but to make that protection nearly invisible to the consumer.

Amazon’s latest attempt to disrupt retail—a store that automatically handles the whole checkout and payment process via an app—is a concept that could have far-reaching effects as the millennial generation brings its digital expectations into the brick-and-mortar world.

A Johannesburg startup is set to become the first company ever to manufacture smartphones in Africa, taking advantage of low costs and growing local demand to build handsets, tablets and other devices based on Google Inc.’s Android system.

The U.S. may never face the type of crisis sparked in India through a government decision to recall high-currency bills to curb fraud. But the countries and their financial institutions have something in common — they welcome any technology that introduces digital money in lieu of cash.