Digital wallets

The rise of online and mobile commerce is forcing merchants to rapidly re-engineer their checkout options, while keeping an eye on emerging models that leverage artificial intelligence to streamline shopping — or bypass the store checkout process altogether, like Amazon Go.

Despite millions spent on promotions and marketing for Apple Pay and other proprietary options from banks, mobile payments volume is still weak.

Apple is not going to sit idly as Facebook transforms its Messenger app into a platform for P-to-P payments and commerce.

It's been a little more than three years since Apple Pay made its debut. Today it is joined by Samsung Pay and Android Pay/Google Pay—along with several proprietary concepts from major banks and merchants. But despite millions spent on promotions and marketing for the various concepts, mobile payments volume is still weak.

Mobile wallets have always been a hard sell. In many countries, credit and debit cards work well enough that consumers don't want to learn a new way to pay. But banks and technology companies are committed to bringing their wallet apps to market. In an effort to stay competitive, these companies have spent considerable effort to get their wallets to stand out not only against competitors, but against the compelling option to keep using cash and cards.

Samsung Pay users this week may begin transferring funds from two participating South Korean banks in the latest expansion of capabilities.

Apple’s acquisition of Shazam demonstrates the potential for Shazam’s technology to do so much more than identify pop songs playing over a store's speakers.

Apple Inc. is nearing the rollout of Apple Pay Cash with the person-to-person payments service’s debut today as a public beta test, five months after the initial announcement.

Canadian consumers using Samsung Pay can now make Interac debit payments through their mobile devices using a tokenization service from Interac and digital security provider Rambus Inc.

For the second time in less than a week, First Data has found an already speeding car to hop on board in the company's strategy to cover as many digital commerce bases as quickly as possible.