It only took a few drinks—and a much-younger Iqram Magdon-Ismail forgetting his wallet at home one night—for him and his friends to come up with one of the most popular ways of splitting a bill: Venmo.
Smartphones have replaced lots of other accessories—cameras, flashlights, calculators. But many people are still reluctant to swap the wallets in their pockets for their digital counterparts.
Apple is making it easier for people to give to charities by expanding its Apple Pay payments service to nonprofits.
Samsung Electronics has agreed to buy a U.S. cloud service startup to boost its software and internet services.
Have you ever been dissatisfied with a restaurant experience because the customer-service technology you had to use to reserve a table, order your food or pay for the meal wasn't up to par?
Before the advent of the internet, the greatest gain in customer convenience within retail banking came from the creation of automated teller machines (ATMs).
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.
(AP)—Aiming to undercut Apple's latest hit service, Google is teaming up with three major U.S. wireless carriers to prod more people into using its mobile wallet.
PayPal's split from long-time partner eBay Inc. makes Carl Icahn mighty happy. But he doesn't think PayPal should stay single for long.