Mobile payments

The app is based on a Masabi’s ticketing platform used by agencies and operators such as London’s Thames Clippers, Preston Bus, New Orleans’ RTA, Boston’s MBTA, Transport for Athens, Los Angeles’ Metrolink and New York’s MTA.

Typically merchants post signs at EMV terminals to tell their customers how they work, or that they should keep swiping. Starbucks is taking a more forward-thinking approach by treating EMV frustration as a mobile marketing opportunity.

India's abrupt recall of its larger bills — a bid to crack down on tax evasion — was a crash course in how to adapt to a cash shortage. Was this an opportunity for mobile payments or a failing of the overall financial services system?

Mastercard has launched its quick-response mobile payments system in India through its Masterpass mobile wallet, designed to help mobile banking users complete purchases through their mobile phones at the physical point of sale.

OfferUp, a secondhand mobile marketplace, closed its latest funding round $11 million higher than previously reported and added PayPal co-founder Max Levchin as an investor.

If a consumer is willing to shop online through a mobile device while sitting on the toilet, retailers need to be in the bathroom with that shopper during the holiday season. At least, PayPal sees it that way.

Merchants are still slow to adopt mobile point of sale systems. But improvements in usability and longer battery life can turn that around.

The reports at first seem striking: India's abrupt recall of its larger cash notes has caused a dramatic uptake in mobile payments, likely spurred by staggering lines at bank branches and ATMs.

The U.S.’s long journey to EMV adoption will remain a major focus for the U.S. Payments Forum, but contactless and mobile payments technology will also start to get serious attention from a new industry working group.

Stats show young people like to use smartphones to take photos of themselves, a key element of Mitek's payments security strategy.