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Hong Kong regulators offer guidance, research on mobile payment plans
The Hong Kong Monetary Authority has announced the findings and recommendations from a study on developing an NFC-based mobile money program. Along with laying out requirements for a mobile payment scheme, the study reaffirms Hong Kong's promising …
Hungarian national mobile payment system will launch this fall
Hungary is planning to launch a mobile payment system nationwide, according to the Budapest Business Times. The National Mobile Payment System will allow Hungarians to pay for transit tickets through mobile devices. The Nemzeti Mobilfizetési …
Ghana's central bank, government grapple with mobile money adoption
Reflecting issues faced by nations worldwide trying to implement mobile payment programs, Ghana's National Communications Authority, the governing body responsible for overseeing that country's telecommunications industry, is working with the …
Virtual currency exchanges get real rules
The playing field for U.S. legal tender and virtual currencies has just been levelled a bit. The U.S. Treasury, through its Financial Crimes Enforcement Network, has issued guidance clarifying that while users of virtual currencies (such as bitcoin …
FTC issues report on mobile payment security, privacy
Almost a year after holding a workshop on mobile payments, the Federal Trade Commission has issued a staff report on the issues it believes consumers and companies are dealing with when adopting mobile payment services. The report, like the workshop …
PayOne hits Home Depot with patent infringement suit
	Mobile payments haven't even been widely adopted in the brick-and-mortar world, but it's never too early to assert intellectual property rights, it seems. For instance, carrier biller PayOne has filed a lawsuit against The Home Depot Inc. claiming …
Square faces C&D dilemma in Illinois
Square seems to have run afoul of state regulators in Illinois. The mobile POS provider has been issued a cease-and-desist order from the state for "transmitting money without a license." The order was brought to light by former Citigroup executive …
Visa establishes program for mobile payment providers, partners
Visa wants to make payments easier, or at least easier to understand. The payment giant announced the launch of a new partner program that it said is intended "to accelerate the introduction of innovative payment solutions globally and further drive …
Report: US not likely to meet EMV deadlines
Showing someone a road map is one thing; it's up to them to follow it. And it looks like U.S. merchants, acquirers and processors may not be following the EMV-migration "road maps" issued by the major payment networks. At least that's the …
Cordray nominated to head CFPB as states challenge bureau's constitutionality
As President Obama officially submitted Richard Cordray's renomination as director of the CFPB to Congress on Friday, eight states joined a suit challenging the constitutionality of key provisions of the Dodd-Frank Act — including its creation …

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China to announce mobile payment standard soon

Mobile Payment Systems and Services: An Introduction

Mobile Payments Industry Roundtable Summary

Mobile Payments in the United States at Retail Point of Sale: Current Market and Future Prospects