Payments

Fraud technology startup BillGuard is adding analytics and savings add-ons to its iPhone app.

McDonald’s has more than 34,000 locations in nearly 120 countries, making it an ideal testing ground for payments innovation. As such, many payments providers try get on its menu.

Direct Auto Insurance now offers customers the ability to pay their bills with a text message, allowing customers without smartphones to pay their bills on the go, too.

Customers of U.K.-based Nationwide Building Society now have Visa’s V.me digital wallet as a payment option when shopping online.

A Baby Boomer who has banked with the same small financial institution for more than 37 years hardly fits the mobile profile. But look below the surface and this mom is actually a prime candidate.

Banks in Hong Kong have established standards for the creation of a Near Field Communication-based mobile payment infrastructure in the region.

Ally Bank expanded its use of Fiserv's Popmoney person-to-person payments service, allowing consumers to send and receive funds from the bank's mobile banking app.

When Isis launched its mobile wallet nationwide in November, it also launched a new interface. PaymentsSource journalists give their first impressions of the new payments method.

Wearable identity and authentication startup Bionym released software development kit documentation and an online forum to get developers coding apps for its forthcoming wristband, called Nymi, on Monday.

The Amazon Coins digital currency is now available for consumers in the U.K. and Germany to buy mobile applications and make in-app purchases on the Kindle Fire tablet and on Amazon.com Inc.'s regional app stores.

The number of credit cards issued by banks and retailers hit five-year highs between January and August, according to the latest Equifax National Consumer Credit Trends Report.

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.

Vodafone Group marked the launch of its European mobile wallet initiative in Spain, revealing plans to expand it into Germany next month and other parts of Europe early next year.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.

Many of the payments industry's longtime veterans and new entrants started their careers in other industries or founded their companies with a different purpose in mind. Here are some highlights from the many diverse career paths in the payments world.

KINGSTON, N.Y. — Mid-Hudson Valley FCU used a sub-brand as a way to help its MSRs transition from "order takers" to a more dynamic, sales-oriented team.

SAN ANTONIO — Last September $7.5-billion Security Service Federal Credit Union implemented a new CRM solution that resulted in a dramatic savings in workflow steps and time, which SSFCU executives say has helped every area of member service.

PASADENA, Calif. — At $2.5 billion Wescom Credit Union, the problem wasn't having insufficient information about its members - it was too much info to process.

GREENBELT, Md. — A merger - and the resulting integration of systems - that was supposed to require seven months instead was pulled off in slightly more than five months, earning $727 million-asset Educational Systems FCU a Credit Union Journal Best Practices award.

NORCROSS, Ga. — Associated CU has added eight points to its Net Promoter Score by having staff watch TV once a week.