Payments

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.

Most users don't understand how either tokenization or blockchain works to protect their payments, but a combination of regulatory concerns and a recent Bitcoin-related scandal in the credit union industry is keeping tokenization on top, at least for now.

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.

Americans had 314 million credit card accounts during the first three months of the year, the highest number since the fourth quarter of 2008, according to a report released Wednesday.

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.

Android Pay is Google's third attempt at a digital wallet, following Google Wallet and Google Checkout. How much has the technology giant learned from its past experiences?

CHICAGO — Mobile payments got the kind of promotional kick it will need in the future — from a veteran country music star — at the annual Mobile Payments Conference this week.

CHICAGO — The mobile commerce revolution is pressuring legacy payment companies to quickly diversify to stay relevant, leading Discover Financial Services to build a gateway where merchants can add digital transactions and other services.

CHICAGO — Financial institutions have fallen behind the payments innovation curve, though they can catch up quickly by adopting the faster payments initiatives that are accompanying mobile and digital transactions.

What happens when you combine mobile wallets with the emerging hype about beacons? You get a winning combination for retailers that boosts shopper loyalty and in-store spending.

CPI Card Group, which makes payment cards for firms including Bank of America and American Express, aims to raise about $300 million in an initial public offering, according to people familiar with the company's plans.

Barclays is attempting a diverse range of tactics to move customers beyond plastic cards, with its latest attempt being a "fashionable" jacket that's linked to the wearer's bank account.

The Automated Clearing House is too expensive and complex to provide faster payments for smaller banks and businesses, claims Dwolla, which contends its open system is a better option for those market segments.

CHICAGO — First-generation mobile wallets found themselves in an "unfair fight" against the likes of Starbucks and its branded mobile pay and loyalty system, forcing Google to rethink how it would position Android Pay, Google executive Jack Connors said.

U.K. consumers have been able to "tap & pay" with their contactless cards for nearly eight years now.

PayPal is targeting what it estimates to be a $51 billion global market for small debts owed between friends and family members, enabling consumers to set up their own URL to collect payments.