Mobile payments

As mobile apps that allow consumers to order and pay before reaching the retailer expand, traditional hardware providers are rushing to adopt the technology, as evidenced by Ingenico's expanded Five Guys deployment.

The company's selling product that's similar to a store-branded card, but without the physical plastic. It hopes to appeal to small or midsize stores that don't want to run their own credit programs.

Bank of America has added new features to its mobile banking app in an effort to build flexibility in mobile wallet options and more closely tie payments to financial services.

Australian regulations recently denied banks the right to negotiate with Apple Inc. to directly add Apple Pay to their digital apps, but the victory may do little for Apple, considering consumers in the country appear to have little interest in using mobile wallets.

As more of China's citizens engage in travel and commerce across the nation's borders, more companies want to help them pay and collect money. Many of China's dominant payment brands are extending their reach globally, but U.S. and European companies are also focused on this audience.

Singapore-based ride-sharing company Grab is looking to expand its reach in Indonesia through its acquisition of Kudo, an e-commerce platform for unbanked consumers who would be unable to use Grab's own digital payment platform.

Speakers at PSCU's 2017 Member Forum offered insights on a host of issues related to payments, cybersecurity, leadership and more.

Transit systems provide a clear use case for mobile payments, allowing commuters to avoid lining up at ticketing machines when they're already in a rush to get to their destination. But many of the perks of mobile wallets, such as targeted offers, don't apply to them.

New payment standards have banks worried about compliance costs, but there is an opportunity for innovation for aggressive institutions.

Facebook’s WhatsApp, the Mountain View, Calif.-based messaging app with a broad global following, may be preparing to roll out person-to-person payments, beginning with its app in India.