Sean Sposito

BillMyParents announced Monday that it will soon be talking directly to its prepaid card users over the Web through a deal with RespondQ.

VSoft announced Monday that Texas Trust Credit Union has agreed to use the vendor's remote deposit capture technology for its branch offices, online banking and automated teller machines.

Mobile payments are a hard sell, even for the dominant online alternative payment provider. PayPal's approach may seem like overkill, but the company says every payment counts when trying to convince consumers and small merchants to use handheld devices.

Columbus, Ga. Bank to upgrade 200 ATMs.

LifeLock is betting that its acquisition of ID Analytics, which closed Wednesday, will help it better market its services to retail banks.

More than a year after prepaid company Netspend Holdings Inc. said it had signed a deal with Bancorp Inc., the retail bank said it had begun dolling out the cards.

PayPal is reportedly planning to launch a mobile card reader that could help its nascent point of sale payment system reach small merchants.

First Data's system is designed to be more transparent than rival services. It verifies discounts when the purchase is made, not after the fact.

The Bancorp Inc. has begun issuing a cobranded PayPal debit MasterCard, the financial institution announced March 12.

PayPal is redesigning its website and smartphone app to downplay online payments and give more prominence to its newer products, such as its point of sale payment system.

To create a mobile banking offering that can compete with banks or the likes of Google, the prepaid card marketer Green Dot is purchasing the location-based deals company Loopt.

Bank outsourcing ATMs to focus on other customer-facing projects.

Veritec is the latest company to offer a debit card with an "off" switch. It gives cardholders the ability to switch off the account's transaction functions from a Web browser or smartphone.

Square, an early and successful contender in mobile payment acceptance, has launched a new system that it says can replace a traditional cash register.

The carrier mobile payment venture Isis said Monday that it is working with several major payment system providers to allow merchants to accept its system at the point of sale.

American Express announced Tuesday a new Facebook application that allows the social network's users to send and receive funds.

Now that PayPal is rolling out its point of sale payment system to all Home Depot Inc. stores, the payments company must make sure its terms are good enough to keep its most prominent retail partner happy.

eBay Inc.'s online payments arm, PayPal Inc., announced Tuesday that it is expanding its partnership with Home Depot Inc. and increasing its acceptance at all of Home Depot's stores nationwide.

Banks have been loath to cede any ground to carriers and handset makers in designing mobile wallets, so it seems out of character for JPMorgan Chase and Capital One to support Isis, the carrier-controlled entrant in the mobile payments race.

Facebook is becoming a payments contender a lot faster than it has led observers to believe. It has money transmitter licenses in at least 15 states, according to an American Banker analysis.