Will Hernandez

New mobile payment player plans a white-label person-to-person offering for community banks.

Prepaid debit cards that come with celebrity endorsements over the years have showed little staying power while whipping up storm clouds of controversy.

Underwriters Laboratories plans to help customers guard against payment fraud and data theft.

Companies globally that provide such services will see some $55 billion in international remittances made through mobile devices by 2016, according to a December report from Juniper Research.

eBay's acquisition of BillSafe, which lets shoppers pay for purchases only after they receive a mailed invoice, shows its commitment to the instant-credit model. But observers warn that this model requires finely-tuned risk management to guard against fraud or excess delinquencies.