Mobile payments

The question for lawmakers is how to work together to make sure as many people as possible are able to take advantage of the opportunities provided by innovation, writes Brian Tate, president and CEO of the Innovative Payments Association.

Caper is expanding its AI-powered shopping cart nationally as Amazon looks to build a network of up to 3,000 cashierless Amazon Go stores.

Although most consumer-facing financial institutions now offer mobile applications, that doesn’t mean that they are ready for a world where smartphones are the primary point of contact with their customers, writes Rune Sorensen, a product manager at Nets.

Tech companies are scrambling to get into the dashboard to embed everything from voice assistants to payments. But the end goal — an in-car shopping experience as seamless as shopping online — remains elusive.

Square has rolled out a software development kit for developers to add payments to their mobile apps, creating an end-to-end solution using only Square’s tools.

The opportunity for banks and financial services firms, as well as venture capitalists, to serve the pet industry is massive and not being overlooked.

For several years, PayPal, Square, Adyen and Stripe have dominated the lucrative payments market. Now hundreds of upstarts with names like Bolt, Toast and Due are muscling into the market with their own twist on facilitating commerce between merchants and shoppers.

Banks, retailers and technology companies have spent years relentlessly working to replace cash with plastic, digital or mobile alternatives. And cash has hit back hard.

Leveraging the trust relationship the bank already enjoys with its customers, based on robust security, engagements can go beyond run-of-the-mill transactions, writes Sherif Samy, senior vice president of North America at Entersekt.

Facebook’s WhatsApp unit has been testing its payments app in India since May; investors price in an almost a 90% probability of no Fed hikes this year.