Making payments and checking bank accounts are becoming ever more popular activities which we carry out on our mobile phones according to the results of a new piece of research. In the last year mobile banking use has doubled, and this trend has really extended across all aspect of what is known as the “mobile wallet” industry. It has been reported in the TNS research...

If we asked what virtual bank account site you use the chances are that most of you would say PayPal. The company has over 230 million accounts, of which almost 90 million are classed as active and for the time being their name is synonymous with online payments. The total amount of PayPal transactions in 2008 was $60 billion and in 2009 $71 billion. Yet while it remains...

One hugely interesting new development which looks like changing our spending habits in the future is the Near Field Communication (NFC) which appears to be something we can expect to see on a lot of mobile phones in the years to come. With a wave of the phone, bills can be paid without your wallet even leaving your pocket. NFC is already included on the Android Gingerbread...