Mobile payments

Led by Starbucks and Apple's mobile payment apps, there's a boom underway and retailers need to act fast to avoid being left behind.

Wearables are a clear evolution of the mobile wallet, but companies are still experimenting with use cases. Here are a few of the latest concepts.

Mobile commerce must support larger and more complex shopping categories to take the next step, and some companies are looking to enable this through alternative financing.

The iPhone is 10 years old. Here’s a look at some of the ways the Apple product and the boom in smartphones overall have shaped banking in the U.S. over the past decade.

More consumers will soon be able to withdraw cash at ATMs by using their mobile phones as a remote control via Cardtronics, which has decided to extend FIS Cardless Cash to all of its U.S. ATMs over the next two years.

More e-commerce and multi-channel merchants are accepting payments from mobile devices, even though they haven't addressed all of the security gaps inherent to the technology.

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for retailers and banks to improve their communication about the benefits of location data.

Toronto-based nanopay Corp. is making MintChip, a digital currency it acquired in 2015 from the Royal Canadian Mint, available to merchants looking for a lower-cost payments channel by leveraging digital cash.

Verifone is focusing more on operating an open platform in which third-party developers and financial partners could build within Verifone point of sale network parameters.

Punchh is betting NFC will be widespread, and it hopes to get an edge with clients with a direct connection to Apple Pay, enabling consumers to simultaneously earn and redeem restaurant loyalty program points.

The service only became available to customers around the third week of June, which is much later than the timeline Discover initially laid out for Samsung Pay’s availability.

Banks are making it easier to log in, adding expense trackers and simplifying payments as they try to get corporate clients to use mobile more.

Amazon's $13.7 billion acquisition of Whole Foods will make it a force to be reckoned with in the grocery vertical, but its rivals have been preparing for this day for a long time. Here are some of the biggest competitive threats to Amazon's digital take on food sales.

The digital wallet market is expanding quickly, giving banks a chance to cement customer relationships by offering their own apps, writes Mike Lynch, chief strategy officer at InAuth.

Moves like Amazon Go and the e-commerce giant's acquisition of Whole Foods require banks to abandon their "defensive" innovation posture, write Richard Oglesby and Brad Margol from AZ Payments Group.

E-payments are growing fast in China, but a one-size-fits-all approach won't be a winner for merchants, writes Franklin Chu, a managing director at Azoya International.

India’s largest digital-payments company, Paytm, is seeking a license to set up a money market fund where users can store cash and earn interest, in competition with the country’s banks, according to a person familiar with the matter.

Hike Messenger has become the latest to join India’s already busy digital-payments segment.

Mobile ATMs are generally more secure than card-based machines, but still require more security than more traditional digital transactions, writes Sam Shawki, founder and CEO of MagicCube.

Getting a new payment terminal with advanced capabilities is not unlike getting a new phone or computer with its bells and whistles — there's so many new features that some will no doubt go ignored.