Square Inc. has finally shared some of the details about its mobile card acceptance system, but payments executives still feel as if they haven't heard the whole story.

Toronto-Dominion Bank's mobile banking application has been downloaded more than 100,000 times in the first 10 days since its release.

Apple Inc. has the power to make mobile payments huge, but not quite in the way bankers hope.

Visa Inc.'s planned purchase of CyberSource Corp. shows that the payments company is serious about mobile commerce — and the potential risks of this emerging channel.

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Visa Inc.’s planned $2 billion cash purchase of CyberSource Corp., a payment-services and fraud-management provider, suggests the card company is serious about mobile payments–and the risks that the mobile channel may attract.

Two multi-billion-dollar credit unions have expanded their remote deposit capture (RDC) services for members by launching the DeposZip Mobile program, including a suite of downloadable software applications for smartphones, from Vertifi Software, a subsidiary of Eastern Corporate Federal Credit Union.

Greater New Orleans FCU has launched a mobile banking and account alert service.

Interest in Roam Data Inc.’s mobile-payment service appears to be high among independent sales organizations. Most of Roam Data’s 35 resellers are ISOs, says Will Graylin, founder and CEO of Boston-based Roam Data.

Marketing technology vendors are helping issuers pump up their transaction volume by transferring mobile-coupon redemption to a debit or credit card.

Community banks are planning to improve their mobile banking offerings, according to research by Banc Investment Group LLC.

Aptys Solutions LLC said it is counting on changes to the automated clearing house system to help its mobile business-to-business payment system take off.

Hypercom Corp. announced April 13 plans to sell two versions of a card reader that plugs into an iPhone and uses its wireless connection to handle card payments. The products, called SmartPayments Mobile, are designed for merchants that want to accept card payments but cannot be tied to an office location because of the nature of their business.

MasterCard Inc. has what it needs to thrive, but its next chief executive says he still has to put the pieces together.

SK Telecom Co. Ltd. has launched a Near Field Communication mobile-payment service called T Smart Pay in cooperation with Hana SK Card, the company announced recently.

Mobile phones may soon be able to initiate automated clearing house transactions from checks, an advance that could hasten adoption of wireless devices for B-to-B payments.

Hoping to extend its reach to mobile merchants, USA ePay, a payment gateway, this week launched a portable card-acceptance machine that connects to Apple Inc.’s iPhone and iPod Touch products.

PayPal Inc.'s mobile payment application has been downloaded more than a million times since it was released three weeks ago on Apple Inc.'s App Store.

Though some argue that mobile banking can be more secure than its Internet equivalent, security experts are expressing concerns. Skeptics have good reason to be apprehensive.

Transaction Network Services Inc. and Blue Bamboo have struck an agreement that enables independent sales organizations, merchant acquirers and processors to sell a mobile-payment system.