Mobile payments

Despite being widely encouraged to do so, most banks have not rushed to build their own mobile wallets to maintain their brand identities while complementing the capabilities of existing payment apps.

Innovation and flexibility aren’t attributes often associated with public transportation. But by deploying cutting edge open payment ticketing technologies, transit operators can give their customers greater flexibility and create a more engaging transit network.

Mobile wallets have long struggled to displace cash and cards, so Ingo Money chose a different target: check-cashing.

Payments technology company BlueSnap has launched its mobile checkout gateway, the Powered Buy Platform.

Lovers of Krispy Kreme doughnuts and coffee now have a mobile app to pay for their purchases and receive rewards.

Swatch Group AG plans to start selling a timepiece that can make contactless payments in the U.S., Switzerland and Brazil early next year through an agreement with Visa Inc.

The holidays are approaching, and mobile is going to play a bigger role in e-commerce than ever before. Last year, mobile holiday shopping traffic surpassed desktop for the first time and retailers are expecting even higher mobile traffic this year.

Amazon.com is big enough to try things that other retailers would find too risky. Over the years it has developed many groundbreaking payment technologies and revolutionized e-commerce, but not all of its ideas have done well.

WorldRemit app users can now send funds to any bank account in Vietnam, as the money transfer provider expands into Southeast Asia.

Mobile payment users are still in short supply, and the growing range of options may be seen as too chaotic for consumers who haven't yet used a mobile wallet.

Apple Pay has reportedly made plans to launch in China by early February.

ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.

The volume of payment apps is reaching critical mass. From retailers to coffee shops to airlines, companies across virtually every industry have developed a mobile app to make the payments experience simpler and faster for their customers – and to gather more data on who they are and how they spend their money.

Diebold and Wincor Nixdorf — which plan to merge under the name "Diebold Nixdorf" — were already in the midst of major projects to digitize bank branches and retail stores before the pressure from mobile devices led them to join forces to keep pace with innovation.

Chase Visa cards are now compatible with Samsung Pay, the smartphone maker's mobile payment system that combines magnetic secure transmission and Near Field Communication.

Small business professionals using the New Zealand cloud accounting software Xero can be alerted on their finances through Apple Watch.

Mobeewave combined two Canadian staples — hockey and contactless payments — to test a technology that allows smartphones to pay 'each other,' and is now taking the concept on the road to other markets.

As shopping gets more digital, so does fraud. The rise in technology at shoppers' fingertips provides many new channels for scammers to exploit.

Black Friday will mark a new milestone this year, when mobile devices for the first time will account for about half of all online purchases during the first weekend of the holiday shopping frenzy, according to a new study.

There's no shortage of upstarts trying to cut cost, time and risk out of global money transfers. To maintain its position, Western Union is investing in the technologies it finds the most promising while keeping others at arm's length.