Mobile wallets

International cross-border transaction enabler TransferTo has partnered with the e-commerce platform MallforAfrica enabling nearly 300 million African consumers with mobile money accounts to shop abroad.

Chinese tourists visiting Spain will be able to shop at Spanish stores using their Alipay mobile wallets through an agreement between BBVA Group and Ant Financial Services, the Alibaba affiliate that operates Alipay.

For Google and its peers the fine may be the beginning of increased regulatory scrutiny across other digital services within their ecosystems, including payments.

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.

Theresa Dold joins LevelUp in the new role of vice president of agency strategy to head the company’s focus on restaurant engagement. Dold previously was director of product at sweetgreen, a fast-casual salad chain that last fall stopped accepting cash payments at some of its stores.

Sometimes it just doesn't pay to go it alone. Lyf Pay is one such case of working to create something greater than the sum of its parts.

Cardholders' familiarity with mobile payments rose slightly during the second quarter of 2017, but overall awareness remains below late 2016 levels.

LG is officially throwing its hat into the mobile payments arena with the launch of LG Pay in Korea. Available only on the flagship LG G6 handset, its technology has a lot in common with Samsung Pay, but may not be much of a challenge to its rival if it should come to the U.S.

The millennial generation — defined by some as consumers 18 to 36 years old — has shifted the expectations for how banks and retailers approach payments. Here are some of the trends driven by this tech-savvy demographic.

As with anything high-tech, early predictions held that millennial men would be first to adopt mobile wallets. But two new research studies are casting doubt on the assumptions about the roles gender and age are playing in the mobile payments adoption curve.