It may have only launched Android Pay last week but Google is already looking for the next big thing in payments, teasing a "hands free" service that will be piloted later this year.
Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world's largest tech companies, Google and Intel, according to data from CB Insights.
Having seen its Wallet service fail to take off, Google is aiming another shot at the fast-growing mobile payments market with the launch of Android Pay.
Google has moved to give users of its Wallet mobile payments service more security by ensuring that their funds are now FDIC-insured, according to Yahoo Finance.
Google is plotting a service that enables people to receive and pay their bills through Gmail, according to an internal document seen by Re/code.
Google is rolling out a car insurance comparison site in California, with more states to follow.
US telco-owned mobile payments venture Softcard has confirmed that is shutting down after selling off technology and intellectual property to Google.
Google is preparing to launch a payments API that will enable third party developers to embed in-store and in-app payments within their apps, according to press reports.
Google is attempting to revive its flagging mobile wallet service by getting its app pre-installed on handsets sold by America's biggest telcos. In addition, the firm is buying technology from its telco-owned rival, Softcard, which looks set to be killed off.
Google's tactical retreat from the payments market continues apace with the closure of Bebapay, a pre-paid card for contactless transit fares in Kenya that was launched in 2013 with the support of Equity Bank.
© Finextra Research 2015