Mobile payments will be worth $1 trillion in 2017, up from $500 billion this year according to a new report by IDC. The growth is expected to be majorly Sourced through Scoop.it from: go-mashmobile.com

Standard Chartered Bank has partnered with mobile payments service MoMo to launch the bank’s Straight2Bank Wallet system in Vietnam. Sourced through Scoop.it from: ibsintelligence.com

Which mobile payment service has the best chance of succeeding, Apple Pay or Android Pay? eWEEK looks at how the two measure up in terms of features and value. Sourced through Scoop.it from: http://www.eweek.com

Today, contactless payments surely grab more headlines, but biometric payments will heavily dominate the near future, new research suggests. Sourced through Scoop.it from: http://www.pymnts.com

Having the same password for everything is a big no-no in the security world, so what makes biometrics any different? Sourced through Scoop.it from: http://www.zdnet.com

Over 622 million mobile banking app downloads and almost 160 million wearable devices supporting biometrics for banking by 2020 Sourced through Scoop.it from: http://www.darkreading.com

Goode Intelligence’s research identifies that adoption of biometrics on mobile and wearables will deliver authentication and identity services for banking. Sourced through Scoop.it from: http://www.secureidnews.com

Investors pulled nearly one trillion dollars out of the 19 biggest emerging markets in the last 13 months, double the amount that fled during the last financial crisis in 2009. Sourced through Scoop.it from: money.cnn.com

Thomas Schroder, strategist at Chart Partners, explains the signs that pointed to large declines in the Chinese stock markets and how he sees emerging markets impacting the rest of the world. Sourced through Scoop.it from: http://www.bloomberg.com

This week’s rout in emerging markets has revived memories of the crises of 1997 and 1998, when investors raced for the exits, prompting a series of recessions and debt defaults. Sourced through Scoop.it from: http://www.ft.com