In a move backing its plan to showcase mobile payments at the London Summer Olympics and Paralympics Games in 2012, Visa Inc. says it will roll out a Near Field Communication-based mobile phone for payments linked to prepaid accounts from British bank Lloyds TSB.

EMerchants Ltd. on May 20 won a three-year contract to provide prepaid cards for Telechoice, the largest dealer for mobile operator Optus Ltd. in Australia.

Mitek Systems said June 6 it has been granted four new patents from the U.S. Patent and Trademark Office for its popular “Point, Shoot and Deposit” mobile deposit technology.

Google Inc. isn't asking for a share of the payments revenue generated with its new mobile wallet. Nevertheless, partnering with the search engine juggernaut could be a trade-off for banks.

Merchants that want to accept payments from Google Inc.’s mobile wallet must go through a few more steps than simply enabling customers to “tap and pay.”

Star One Credit Union chose Tyfone Inc. for mobile banking services partly because of the vendor’s Near Field Communication-based contactless payment capabilities, the $5.6 billion credit union said May 31.

PNC Financial Services Group Inc. is making its mobile check capture technology available to its main customer base after a successful rollout with customers of its online-centric Virtual Wallet account.

American Express Co.’s top executive on June 1 poked proverbial holes in Google Inc.’s new mobile wallet, arguing in favor of a competing payments system his company is testing.

Mobile-banking customers are three times more likely to use mobile payments than are consumers generally, new research shows.

Mobile-banking customers are three times more likely to use mobile payments than are consumers generally, new research shows.

This story was updated from its original version.

Mopay Inc. on May 25 announced a new platform for mobile payments.

Starbucks Corp. is known for its nonalcoholic beverages, but the success of its mobile payments application has forced it to contend with a bootlegger.

After testing Mocapay’s mobile-marketing consumer engagement platform in November, Dazbog Coffee now plans to use it to launch mobile marketing promotions and mobile prepaid gift cards at 21 locations in Colorado and Wyoming, Doug Dwyre, Mocapay president, tells PaymentsSource.

The proverbial battle over mobile payments has turned into a legal one.

Banks are not yet able to meet the demand for mobile check deposit, according to a Javelin Strategy and Research study released on May 24.

The emphasis on broad merchant participation at the outset of development of the Google Wallet sets it apart from certain other initiatives and could be the crucial element in driving consumer adoption, according to at least one smart card industry executive.

Charles Schwab Corp. and Fidelity Investments have rolled out mobile check deposit services to their customers.

Google Inc.’s new mobile payment system puts pressure on Isis, the wireless carrier-backed joint venture trying to develop a competing system.

Sequent Software, a maker of products and services enabling Near Field Communication-based mobile payments, on May 25 announced the selection of Vivotech Inc. as its partner in developing mobile wallet-based NFC payment technology for commercial customers.