BY David Heun
CHICAGO First-generation mobile wallets found themselves in an "unfair fight" against the likes of Starbucks and its branded mobile pay and loyalty system, forcing Google to rethink how it would position Android Pay, Google executive Jack Connors said.
U.K. consumers have been able to "tap & pay" with their contactless cards for nearly eight years now. more »
Three large U.K. banks have suffered recent payment glitches, including temporary outages at HSBC, Natwest and Royal Bank of Scotlandsuggesting existing bank payment systems are challenged to process digital transactions. more »
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