Hackers on Thursday showed how to turn the latest model Square mobile payments readers into crime tools.
Payments company Square has informed US regulators privately that it is exploring going public with a stock market debut, according to reports Friday.
The tech industry has been saying for years that smartphones would make traditional wallets obsolete. But most people still use cash or plastic when they shop in stores.
Before the advent of the internet, the greatest gain in customer convenience within retail banking came from the creation of automated teller machines (ATMs).
Chinese Internet giant Tencent said its net profit was up 54 percent at 23.81 billion yuan ($3.82 billion) in 2014 helped by "rapid development" of mobile gaming and social networking.
There is a rapidly growing momentum driving the development of mobile payment systems. New research has shown systems, such as the Bristol Pound, can have a positive effect on the local community by encouraging consumers ...
Research by two of the UK's leading experts on the social impact of technology shows that slick smartphone payment systems may boomerang on retailers.
Online payments group PayPal announced Tuesday it was acquiring Israeli cybersecurity firm CyActive and establishing a new security hub in Israel.
Using your smartphone to make payments in shops or public transport should become more widespread this year, but its supremacy will depend on how successful retailers are in enticing people to keep their cards or cash in ...
Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want to get a slice of that market, and are ...