Google and Apple Adjust Strategies on Mobile Payments

The battle for mobile software dominance revolves around two companies: Apple and Google. Now both giants are also going head-to-head in mobile payments as they prepare to push deeper into digital wallets. Google is set to unveil plans at its annual developer conference today for an overhaul of its mobile payment products, according to three people familiar with the situation, who spoke on the condition they not be named because the details are confidential.