Mobile payment app Velocity allows customers to reserve, pay for and order an Uber car to take them to and from the best restaurants, bars and clubs in London, with plans to expand globally in the next six months. Sourced…

The Alibaba mobile payments business was dealt a blow this week by a new law proposal in China. Here’s what investors need to know now. Sourced through Scoop.it from: moneymorning.com

Mobile payments are on the rise, with Millennials and men leading the pack. According to a recent survey of 1,000 U.S. Sourced through Scoop.it from: http://www.cuinsight.com

CIONymi Band uses your heartbeat to secure mobile paymentsCIONymi this week announced the successful trial of its Nymi Band wrist-worn heart-rate monitor as an NFC mobile payments device. Sourced through Scoop.it from: news.google.com

PaidEasy, a mobile payments start-up based in NYC, today announced a seed round of funding valued at $2,000,000 from a private investor, Ivor Ichikowi Sourced through Scoop.it from: http://www.businesswire.com

Noida-based, mobile commerce platform Paytm has added another significant milestone. The company has announced that it crossed over 100 Mn mobile wallet users. Sourced through Scoop.it from: inc42.com

The pharmacy chain is the latest retailer to accept the mobile payments, which involve little more than waving a phone to conduct a transaction. Sourced through Scoop.it from: bits.blogs.nytimes.com

With so many consumers now using mobile devices while they shop in physical stores, retailers are using proximity marketing to engage consumers and increase basket sizes. Sourced through Scoop.it from: retailtouchpoints.com

As mobile devices continue to explore and colonize the technology landscape, their conquests are leading us to a new era, beyond search and apps… Sourced through Scoop.it from: techcrunch.com

Facebook’s making a killing with its native, in-feed, auto-play video ads, and now it’s going to let other developers earn money off them too. Today Facebook.. Sourced through Scoop.it from: techcrunch.com