Technology

Abu Dhabi Islamic Bank has become the first financial institution in the United Arab Emirates to launch mobile-payment services in collaboration with Etisalat, according to a spokesperson for the mobile operator.

U.S. consumer confidence declined in June as uncertainty about the economy increased, according to survey data Discover Financial Services released last week.

Social-networking website Facebook quickly is becoming the next playground for payment companies.

Discover Financial Services continues to expand its presence internationally. In its latest move, the card company announced July 8 an alliance with Serbian payment network DinaCard.

Bluepoint Solutions, a provider of remote deposit capture solutions, announced the release of QwikDeposit To Go, a mobile remote deposit capture application.

The allure of mobile payments, which Generator Research, a United Kingdom-based research firm, estimates will grow to an estimated $600 billion worldwide by 2014, has drawn AT&T Inc. into the fray, as have the merchants accepting payments via their phones. The telecommunication giant announced July 7 it will work with Apriva to sell the wireless-payments company’s AprivaPay and AprivaPay Professional mobile-payment services.

U.S. consumer confidence declined in June as uncertainty about the economy increased, according to survey data Discover Financial Services released July 7.

Nxgen Payment Services, a Whitefish, Mont.-based merchant-service provider for Elavon Global Payment Services, and wholesale roofing distributor ABC Supply Co. Inc., on July 7 announced an expanded merchant-processing relationship in conjunction with ABC Supply’s recent acquisition of Bradco Supply Corp.

FICO announced the general availability of FICO Debt Manager solution version 8.0 for collections and recovery.

MasterCard Inc. announced a free application for Apple Inc.'s iPhone that lets users track special deals offered through the payments network's online shopping portal, MasterCard MarketPlace.