Mobile payments

Mobile transactions are getting faster and more efficient. As smartphones become more ubiquitous, more consumers are ready to pull out their phones to make a payment—and expect the option to do so.

Big-box retailers aren’t the only ones being forced to change the way they do business as giants like Amazon reshape the way consumers shop and consume services—small businesses also get caught in the storm.

SVB Financial and Mastercard have accepted six startups for the fifth installment of their accelerator, Commerce.Innovated.

Mobile payments are catching on in Europe at a fast clip, as the number of consumers regularly using a mobile device for payments has tripled since 2015, according to new Visa research.

When retailers first started developing mobile wallet apps, they did so to fight back against Apple Pay and the banks. Today, they are working against a bigger threat: Amazon.com.

As consumers get more comfortable opting into location-based mobile services, U.S. Bank has begun asking them to let it see where they're going so the bank can fine-tune its fraud management.

The “Pays” of the world – Apple, Android, Samsung and others – get a lot of attention for changing the face of the payments industry, but will have little or nothing to do with actually reframing the next generation of payments, experts say.

CHICAGO – Major retailers know what they are up against with Amazon, an e-commerce retailer pulling in 183 million visits per month on its site.

CHICAGO -- Investment organizations are bullish on retail and its underlying payments and omnichannel technology, though Amazon's e-commerce dominance is throwing some cold water at the market.

Square Inc. tried to sell its food-delivery business, Caviar, but couldn’t find a buyer willing to pay enough, according to people familiar with the matter.