Mobile wallets

The fintech boom attracted a lot of new investors and in turn, billions of dollars into the market. But some of that money went to projects that haven’t lived up to the hype and in 2016, we’re starting to see a pullback.

Mobile wallets need to be open and accessible across all systems.

There was once a huge push behind contactless payment cards in the U.S., but eventually issuers lost interest in the format. However, there are signs that contactless payments will make another push.

The newest Samsung smartwatch will include the Samsung Pay mobile wallet to allow users to make payments at terminals that accept swipe or contactless payments.

When Android Pay launched, Google Wallet became a P-to-P service. That market's getting popular, and Google is responding with a web upgrade.

Business-led mobile payment apps can build deeper relationships with consumers, and right now that beats the third party mobile wallets.

South Korea’s LG last year rolled out LG Pay, a mobile wallet that took an indirect approach to contactless payments by leveraging Bluetooth technology to link to a proprietary “white” card that stored a user’s payment cards. The concept never took off, and a new report suggests LG is making another run at mobile payments, using different technology.

Samsung Pay is steadily spreading across the globe and adding new features, but it's also facing some strong challenges in these markets. Here are a few of the biggest issues Samsung's mobile wallet has faced since launch.

IBM took the banking world by storm last month when it revealed its planned acquisition of Promontory Financial Group. Now, it has unveiled IBM Pay, a perhaps unexpected and yet unsurprising addition to the technology giant's Watson Commerce unit.

Walmart and Dunkin' Donuts have poured millions of dollars into their proprietary mobile payment apps, and their most interesting lessons are the ones they didn't expect to learn.