While mobile payments are convenient, consumers could be at risk when mistakes are made by merchants and processors or as a result of fraud.

McDonald’s use of mobile technology proves Near Field Communications will be the next big thing.

MobileNow launched the first near field communication technology to support contactless mobile payments for all types of metered parking.

Visa Inc. is letting iPhone users make mobile transactions by waving their handset in front of a contactless payment terminal.

The growth of mobile payments in the U.S. has stalled because the stakeholders have been unable to build compatible business models. But is the tipping point at hand?

A group of industry experts weighs in: Will NFC live up to the hype and help contactless mobile payments and marketing technologies such as smart posters reach the mass market?

LAS VEGAS – A Javelin Strategy & Research analyst said the he believes that mobile commerce is evolving from early innovation to mainstream adoption at a presentation at CTIA.

LAS VEGAS – A panel at CTIA discussed trends in mobile banking, payments and other financial services, agreeing that it is all about providing convenience to customers.

LAS VEGAS – While CTIA panelists were bullish about the prospects for mobile financial services, their visions of the future of mobile banking differed based on where they sit in the ecosystem.

Contactless chip technology provider Inside Contactless is making its Open NFC commercial-grade NFC protocol stack available in a free and open source edition.