Cards

For credit unions, mobile wallets are as much a threat as an opportunity. In an effort to fight back, One Nevada Credit Union is working with several experts on CU Wallet, a credit union-focused mobile payments system.

A substantial majority of payments in the U.S. and Canada are non-cash, placing the two countries close to being cashless, MasterCard reported Sept. 23.

Richard Lyon is the new commercial director for Northern Europe at Spire Payments, a payments technology company.

In a very short time, Florence Savings Bank has seen its customers demonstrate a fanatical devotion to its new instant debit card issuance system.

Before there was Bitcoin, there was Ven, a digital currency that launched six years ago as part of the Hub Culture social network.

MasterCard is actively building payments capabilities for Google Glass, Google's wearable computing device.

Google made two drastic changes to its mobile wallet when it released an NFC-free version for Android phones and then, two days later, unveiled a version for the iPhone. What does the new Google Wallet look like on each device?

The Isis Mobile Wallet initiative has suffered a setback with Capital One and Barclays pulling out of current testing, but the Isis venture has just as many issuers staying on to fuel its upcoming nationwide launch.

The U.S. Federal Reserve’s rules for debit-card transaction fees and processing will remain in place while the central bank appeals a decision throwing out the regulations, a judge said.

It's been five months since PayPal began disseminating its point of sale payment system to all Discover merchants, but First Data, a massive Atlanta-based payment processor, isn't in any rush to support the initiative.

Widespread adoption of same-day settlement will level the competitive playing field for all financial institutions and allow account holders to benefit from expedited settlement.

San Francisco-area transit operators are launching a mobile website to manage the Clipper fare cards.

Payments marketing company edo has launched edo Marketplace, a card-linked offers platform that allows merchants to create their own targeted campaigns.

Google Wallet is getting over its reliance on a small set of Near Field Communication-equipped handsets with a new app that works on any phone running version 2.3 or higher of the Android mobile operating system.

Consumers tend to use debit cards more often than credit cards for "day-to-day" purchases such as groceries, gasoline and drug-store items, and turn to credit cards for higher-ticket items such as appliances, the study says.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

Daniela Mielke is the new chief strategy officer at Vantiv, where she will help lead product innovation, profitability, revenue and scale for the Cincinnati-based payments processor.

Youth oriented payments company SpendSmart has retained the Maxim Group to help it spot acquisition targets.

Kiind, a business-to-business rewards startup, is the latest to offer a gift card platform in which senders don't pay for the gift until the recipient uses it.

When Shae Whitney was selling bitters at farmer's markets for a year and a half, she used Square's mobile card reader to accept payments. But when she opened a retail location with her partner in June, she switched to Groupon's iPad-based point of sale system, Breadcrumb.