The technology giants are going head-to-head once again this year, with mobile payments set to be the focus for both firms when they present their new products to the world.

BBVA has updated its mobile banking app to include more security control options by allowing users to manage their card usage. Users can now regulate how and when their cards can be used.

The social networking company is expanding its nascent payment service, which will include several new features, to the New York metro area.

PayPal continues to try to move beyond password security by integrating Apple’s Touch ID technology into its app.

Net Element, a Florida-based mobile payment platform, has acquired PayOnline, a payment technology firm that has millions of customers in Russia and Asia.

Iyzico, a Turkish payment receipt system management platform, raised $6.2m during a Series B funding round as it attempts to emulate American payment companies during its expansion.