Mobile payments

Shortly after its deployment in New York, Verifone's taxi technology has come to Philadelphia cabs, which now enable passengers to hail and pay for rides through a mobile app.

Fiserv has completed a test run of its card-free ATM software, in partnership with VyStar Credit Union.

The mobile technology craze is starting to sweep up loyalty programs, placing pressure on banks to brush up the reward redemption experience to meet consumer expectations.

PayPal's previous efforts to come to the physical point of sale about three years ago never managed to topple the entrenched payment methods. Now the company is taking another stab at it, securing an arrangement with Macy's Inc.

Strengthening its reputation as an innovator of mobile payment technology, Barclaycard says it will be the first financial services provider in the U.K. to launch a contactless payment app through Near Field Communication-enabled Android phones.

Royal Bank of Canada's marching ahead on two innovations designed to help it blanket the country's mature point of sale and connected devices.

As the Merchant Customer Exchange's CurrentC mobile wallet goes to trial in Columbus, Ohio—along with a limited test in Target stores nationally—the industry gets it first peek at the venture's priorities.

The age of the standalone wallet app, though still in its infancy, may already be making way for a new mobile payment regime.

Visa has created a prototype of a car designed to initiate payments, the first step in a five-year plan of changing the way motorists pay for gas and other needs while in transit.

Mobile wallet providers are trying lots of strategies to widen the audience for mobile payments, including increasing transaction size and, in suretap's case, adding support for prepaid cards to attract younger consumers.

Stripe Inc., the online-payments processor, unveiled a tool to simplify mobile e-commerce for stores and software applications developers.

Lloyds Banking Group has joined the list of U.K. banking companies that support Apple Pay.

Apple's latest iPhone could change the way people pay with a smartphone. Its updates improve Apple Pay and bring new tools to developers and merchants.

Android Pay is in the market, and it joins a mix of mobile pay ventures such as Apple Pay and the pending Samsung Pay that will drive a revolution in how people engage retail and execute transactions.

The New York taxi system has formally launched a mobile app that allows riders to hail and pay for rides.

Kash Corp. is prepared to move into the money transfer world, launching an application programming interface (API) that will allow companies of all sizes to accept direct debit payments without credit card fees.

Elizabeth Buse plans to step down as Monitise's CEO less than two years after assuming the top role at the slumping mobile technology company.

With the mobile payments landscape rapidly evolving, banks face a vexing challenge: what should their go-forward strategy be?

MasterCard Europe is making a major push to increase mobile payments acceptance points and encourage higher value transactions, considered a “tipping point” in the market’s maturation.

Samsung is trying to take wearables beyond watches and bands into something closer to traditional fashion, including a full suit, a purse, a bag and a line of shirts—all equipped digitally.