The mobile wallet is transforming from a standalone app into just a feature of a bigger commerce system. Here are a few companies that have done away with the wallet concept.

Mobile can make in-store payments easier and add dimensions to marketing, but consumers will drive the shopping experience, placing unprepared merchants at a disadvantage.

Fresh off of a series of partnership deals to extend carrier billing in Europe, Boku has attracted an additional $13.7 million in venture funding to back the San Francisco company's global ambition.

Blockchain has become popular for some startups selling low-friction cross-border transactions, and Visa is looking for banks to participate in a pilot program to assess potential opportunity in the technology.

Some financial companies are leery of betting on an early-stage technology such as artificial intelligence for important jobs like combating account thefts, but PayPal says it works – especially in rooting out false alarms.

As the threat of card not present (CNP) fraud continues to rise, a recent survey suggests many consumers are willing to take extra steps during a transaction to block online card fraud if their bank offered the option.

With even community banks getting hit by ransomware attacks, there's a long list of cybersecurity practices that bankers can expect their supervisors to scrutinize during upcoming exams.

CHICAGO -- In payments politics, it's difficult to imagine a topic that gets the blood flowing more than the EMV chip-card shift in the U.S.

Ingenico and Worldpay have renewed their partnership in Britain, affirming Ingenico’s role as Worldpay UK’s preferred supplier of payment terminals until 2020, a move that creates stability as both companies address merchant needs for in-store digital technology.

Third-party applications will soon able to access Siri's program interface with the upcoming iPhone 7, but the implications for mobile banking apps are still unclear.

Nets Holding A/S, a Nordic payments firm owned by equity funds Advent International Corporation and Bain Capital Private Equity, as well as Danish pension fund ATP, announced it is preparing for an initial public offering.

CHICAGO -- Ask a group of consumers what's keeping them from using a mobile wallet and more than half will say it's not safe to do so.

U.K.-based startup called Moneybox has launched a microinvesting app to encourage the millennial generation to invest the change that results from payments.

Samsung is adding support for Samsung Pay contactless payments in its new Gear3 smartwatch amid a marketwide proliferation of transactions for connected devices and clothing.

Swift is warning its member banks to quickly upgrade their software and security protocols for the global financial messaging system following a wave of new, recent hacks triggering more bank losses.

Jack Henry & Associates Inc. announced that SESLOC Federal Credit Union has selected its Symitar Episys core system for in-house processing.

Silicon Valley Bank in Santa Clara, Calif., has hired Laura Izurieta as its chief risk officer. She will lead the company's risk management, corporate compliance and regulatory relations functions and serve on the executive management team.

While biometric authentication has garnered significant attention in recent months, its actual application in face-to-face environments has seen slow adoption to date.

Health care stands to benefit from automated and easier-to-understand billing and payments, but PatientPay is betting that ridding the system of paper is required on the benefits end as well.

CHICAGO – Mobile wallets are evolving in the key areas of availability and consumer awareness, but they continue to lack in the critical aspect of convincing users of their value, said Google executive Jack Connors.