Mobile payments

London-based mobile point of sale provider SumUp has received 10 million euros [$11.2 million U.S.] in funding from investors, including American Express, Groupon and BBVA Ventures.

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique attacks that rely on mobile devices.

The "buy buttons" that are popping up on social media platforms are intentionally simple, often meant to enable one-click purchases of individual products. But as the technology's popularity grows, so must its capabilities.

European mobile point of sale gateway provider payworks will offer its service through Miura Systems' EMV and Near Field Communication mobile terminals.

Hackers can already take control of a car. And as vehicles become rolling shopping malls, cybercriminals will have an opportunity to snatch your identity, too.

Dylan Richard was the lead engineer for President Obama's reelection campaign, where the use of unstructured "social data" forever changed how presidential win the support of their constituents. Four years later, he's one of PayPal's newest recruits.

Electronic multi-card device maker Coin has added technology to enable contactless payments at some retail locations.

MasterCard will offer its mobile payment system at the PGA Tour golf event in New Jersey that starts on Aug. 27.

Loyalty programs have often been considered a key motivator to shift consumers to mobile payments and away from cash and cards. But few companies have actually blended mobile with loyalty in a compelling way.

U.K.-based grocer Sainsbury's is readying a contactless payment shopping app that allows consumers to pick out items before they even get to the store and confirm payment upon leaving through a "payment zone."

Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering.

More than 212 million biometric authentication devices will be shipped over the next decade for use in financial services, according to recent Tractica market research.

More financial services companies are landing on MaRS, a corner of Toronto where developers are building new uses for smartphones, wearables and alternative currencies all under the same roof.

What appears to be an internal employee notice at McDonald's may signal Android Pay's launch later this week, the blog Android Police reported over the weekend.

As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe.

As mobile wallets and other high-tech payment mechanisms proliferate, they bring with them more options for security. Companies are increasingly looking for ways to use devices' built-in cameras to urge consumers to take self-portraits for authentication.

The major U.S. telcos may have abandoned their mobile wallet ambitions when they sold off Softcard, but their power casts a shadow over efforts to build ubiquity across the market.

Heartland Payment Systems has certified Digital Dining and its iPad-based point of sale system for its EMV-ready security technologies.

Harper Reed and Dylan Richard first burst onto Chicago's tech scene as part of Barack Obama's 2012 reelection team, and their social media wizardry is often credited for keeping the president in the White House.

Avidia Bank of Hudson, Mass. has contracted payments technology company FIS to offer card-free ATM transactions through a mobile app.