Few festival fans guard against smartphone loss: survey

Ninety-two percent of music festival goers are more likely to bring a smartphone to an event than cash or ID, but many fail to guard against loss or theft, an industry survey Wednesday indicated.

Battle commences for 'mobile money'

Global financial groups battled Monday to control the lucrative future of "mobile money", which will enable people to use a smartphone to go shopping instead of cash and credit cards.

MasterCard launches new digital payment system

Credit card giant MasterCard announced Monday the launch of a new digital payment system that lets people use a wide variety of devices including smartphones to spend their money.

Georgia Tech releases cyber threats forecast for 2013

The year ahead will feature new and increasingly sophisticated means to capture and exploit user data, escalating battles over the control of online information and continuous threats to the U.S. supply chain from global ...

Discover finds partners in evolving mobile payments

In a memorable episode of "Seinfeld," George suffers from back problems because of a ridiculously overstuffed wallet. His wallet later explodes. The episode mocked one of the inconveniences of the modern world, the explosion ...

Facebook acquires mobile app maker Acrylic

The engineer behind Canadian startup Acrylic said Friday that he was closing up his one-man shop and joining the design team at leading social network Facebook.

Apps help smartphones become digital wallets

Wouldn't it be nice to forget your wallet - permanently? That day is coming sooner than you think. In the walletless future there will be no credit cards to lose, no cash to carry and no concert tickets to leave at home. ...

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