Payments

July Systems provides tools for merchants unfamiliar with programming to put together revenue-generating mobile experiences — with a hint of social media and a dash of mobile commerce.

CHATSWORTH, Calif. – Premier America CU has renewed its card processing contract with The Members Group.

MANSFIELD, Texas – Artwork by Tiffany Nguyen, a fifth grade student at Garner Fine Arts Academy in Grand Prairie, soon will be appearing in the wallets of hundreds of Texas Trust CU debit card holders supporting the Grand Prairie ISD Education Foundation.

Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.

Kuapay has finished a design upgrade and enhancement to its mobile wallet that borrows from the past—consumers see actual images of cards and coupons when looking at the screen

MARLBOROUGH, Mass. – Digital Employees FCU, the largest credit union in Massachusetts, has renewed its payments processing contract with The Members Group.

Iowa Attorney General Tom Miller's office is heading an investigation into credit card collection practices, specifically focusing on the paperwork banks give to debt buyers.

I-Free is offering a number of contactless payment services in Russia, including a mobile wallet that allows the remote issuance and download of mobile MasterCard PayPass cards, transportation fare services and geolocation-based coupons.

New York Attorney General Eric T. Schneiderman announced Monday a settlement with GE Capital Retail Bank and CareCredit LLC, its subsidiary, that requires new protections for consumers who use CareCredit, a health care credit card that can carry an interest rate of higher than 26%.

Slyce pictures a day when consumers will be able to buy anything depicted in a TV or printed advertisement — or even a product seen in person — by snapping a photo of it with their mobile device.

Mobile payments provider Fortumo Ltd. landed a major European carrier-billing deal last week, less than a month after revealing a significant partnership with Microsoft for mobile payment development on Windows phones.

The credit card delinquency rate - the ratio of borrowers 90 or more days past due - fell to 0.69% in the first quarter ended March 31 from 0.73% in the year-ago period, according to credit bureau TransUnion.

Wolfe LLC is changing the name of its Wolfe Rewards and Loyalty business to OmniCard, a move designed to reflect the operation's range of offerings.

Visa's hiring of former JPMorgan Chase executive Ryan McInerney to be its new president maintains the card network's bond with the top-tier bank.

IP Commerce Inc., a startup backed by Venrock Inc. and Intel Corp.'s venture-capital arm, is shutting its key business, which handles credit-card processing for companies including Groupon Inc., citing competition.

Phillips 66 has joined the retailer-driven Merchant Customer Exchange mobile payments and commerce initiative, the Houston-based gas station chain announced May 23. Phillips 66 also operates Conoco stations. The company joins MCX only two weeks after the mobile payment venture added another petroleum provider, Pacific Convenience & Fuels LLC.

Blaze Mobile is developing a new Near Field Communication mobile phone attachment that attempts to build a more open mobile wallet by allowing consumers to choose from a series of payment accounts.

ZooZ is one several companies building new technology that attempts to improve the integration between marketing and mobile payments.

ARLINGTON, Va. – NAFCU has issued a statement saying it disagrees with a recent Federal Reserve report’s findings that the exemption for small debit card issuers from interchange fee standards is working as designed.

Square announced expansion into Japan with updated Register features today, after seeing two executives, Alyssa Cutright and Alex Petrov, leave the mobile payments company.