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.

This past weekend’s launch of Apple Inc.’s iPad also saw the introduction of Square Inc.’s payment card-acceptance application for the device.

Starbucks Corp.'s mobile payment system went from a "Short" trial at 16 stores to a "Grande" deployment in more than a thousand locations, validating a low-tech approach to high-tech payments.

VeriFone Holdings Inc. on Thursday named Chase Paymentech Solutions LLC as one of its preferred merchant processors for users of its mobile phone card reader.

Transaction Network Services Inc. and Blue Bamboo have entered into an agreement that enables independent sales organizations, acquirers and processors to sell a mobile-payment system, according to the companies.

An Indian technology vendor plans to launch a service later this year that will enable investors in India to buy and sell mutual funds using mobile phone text messages.

Citing an increased use in smartphones, the Arkansas state government earlier this month launched a mobile Web site that enables residents to use their phones to pay for certain government services. Residents may access the Arkansas.gov mobile Web site using their phone’s browser to make prison inmate trust-account deposits; probation, parole and restitution payments; and Pulaski County property tax payments.

IMGCAP(1)]

SAN JOSE, Calif. – Tech CU is providing its members with an enhanced list of methods to prevent being the victims of fraud through mobile banking.

Fiserv Inc. Monday announced that SunTrust Banks Inc. will use its mobile-banking service that gives consumers more access to mobile-financial services.

Arkansans can now make payments to the state government over their mobile phones.