Mobile payments

The advantage of biometrics (what you are) over passwords and PINs (what you know) can be distilled to a single factor — what you know can be easily shared.

The company behind Android Pay is giving more tools to developers and inking more partnerships in the payments industry. Here are some of the biggest developments surrounding this year's Google I/O event.

Brick-and-mortar retailers are using technology to transform their physical stores into an Amazon-like digital experience.

3DS 2.0 is designed to vastly improve cardholder authentication, and in so doing, improve the digital checkout and payment process.

Wells Fargo is expanding its fintech accelerator so it is better positioned to connect with customers through channels like the internet of things.

Paytm, India’s largest digital payments startup, raised $1.4 billion from SoftBank Group Corp. in the largest funding round from a single investor for the country’s technology sector.

One-time passcodes or more complex passwords are not enough, and add friction and potential frustration for the user. The solution is mobile identity authentication, writes Randy Vanderhoof, executive director of the Secure Technology Alliance.

As payments innovation expands and diversifies, retailers will need to find ways to deftly embed low-touch payments into omnichannel shopping.

Digital wallets are maturing, meaning card plays will increasingly resemble Chase Sapphire, targeting a specific higher end demographic, writes Alyssa Arredondo, director of financial vertical marketing at Entrust Datacard.

Payments stayed the same for years, then started evolving rapidly. That has issuers considering different ways to help consumers manage the change.