Walmart has made the mobile payment app Walmart Pay available in more than 4,600 Walmart stores nationwide.

Mobile payment systems have been touted as the future of financial transactions, but current systems will need to add biometrics for adoption. 

Wells Fargo announced that its Wells Fargo Wallet will be available this summer.

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organizations to improve their payment data security practices.
 

Swatch launched a new NFC-enabled payments watch for the Chinese market.

First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and fingerprint biometrics. 

Shoppers are using a larger variety of payment options with digital and mobile payments serving as supplements to the traditional cash and card-based payments tools.

According to a new survey, a majority (77 percent) are anxious about their financial information and social security numbers being stolen or compromised. 

This fall, MasterCard will start experimenting with a new program: approving online purchases with a facial scan.

As the mobile commerce channel continues to surge, a new study finds that merchants are not keeping pace with growth when it comes to fraud and mobile payment adoption.