Various reports suggest that South-Korean electronic leader Samsung has spent $250m to acquire LoopPay, one of the world’s largest mobile wallet companies.

BMO Financial Group becomes the first major financial institution in Canada to integrate Touch ID into its banking app.

Daniel Zhang has only just been appointed CEO of Alibaba, but already he’s planning big things for the e-commerce firm, with a global expansion certainly in the works.

Technology solution firm Ethoca has announced the hiring of two industry experts to help strengthen its fraud recovery systems and improve its card issuer and merchant network.

This week, two payment solutions on opposite ends of the innovation spectrum revealed how payments security still has some way to go – whatever its age.

A report compiled by Aite Group is predicting that mobile proximity payments will jump from $7.5 billion in 2015 to nearly half a trillion in in the next five years.