Payments

Companies continue to release mobile point-of-sale acceptance services amid few, if any, signs of the trend abating.

At a time when many of the big card issuers are scrambling to create new fees and raise rates on existing balances, Pennsylvania State Employees CU is lowering the rate on certain card balances.

Write downs of uncollectable debt for JPMorgan Chase credit cards fell in September, after an increase in August, the company said in a regulatory filing Wednesday.

Huntington Bancshares Inc. is rewriting its mobile strategy through the hiring of mobile-banking expert Jeff Dennes from USAA Federal Savings Bank.

Mobile-payments company mPayy Inc. has added reloadable prepaid debit and payroll cards as an option to fund its accounts, the company announced Oct. 12.

Financial institutions, mobile-phone networks, service providers, payment companies and transaction processors in both developed and emerging markets will be able to offer a wide variety of mobile banking and payments services under a enhanced technology platform Monitise PLC announced Oct. 14.

Mobile access to medical finances is becoming more important for employees — and their banks.

Chartway FCU said yesterday it has implemented the FIS Mobile Banking platform from Fidelity National Information Services.

Chartway FCU said yesterday it has implemented the FIS Mobile Banking platform from Fidelity National Information Services.

Pennsylvania State Employees CU has introduced mobile banking through Firethorn Holdings LLC, a wholly owned unit of Qualcomm Inc.

Cubic Corp. has launched an updated application that enables consumers in one German city to purchase public-transportation tickets using Apple Inc. iPhones, which display purchased tickets as barcodes scanned at turnstiles for entry, the transportation ticketing company announced Oct. 6.

Consumers in the United States generally believe their credit card companies treat them fairly but anticipate some changes under the Credit CARD Act affecting their overall card usage, new research from New York-based management-consulting firm Auriemma Consulting Group suggests. Auriemma conducted the research through an online survey in August.

ROCHESTER, N.Y. – ESL FCU has blocked almost 4,000 credit/debit card accounts after regional grocery store chain ALDI reported a security breach and the theft of card account information.

In a ruling that will affect hundreds of credit unions, a federal judge agreed Friday to dismiss a suit by MShift claiming that Intuit Financial Services, formerly Digital Insight Corp., is infringing on its patent for mobile banking.

PayPal Inc. said its new mobile remote deposit capture feature is a hit among its mobile app users.

MIDDLETOWN, Ohio – MidUSA CU said it is switching its debit cards from Visa to MasterCard.

A global relief organization and a local mobile-phone provider in Haiti recently completed a test of its Mobile Money funds-transfer project in which Haitians affected by the Jan. 12 earthquake used mobile phones to receive payment for work and to make purchases at a local grocery store.

East Japan Railway Co. during the first half of next year plans to offer a mobile fare-payment service for its network supported by mobile network carrier KDDI Corp.

U.S. Bancorp is teaming with Monitise PLC to offer mobile-banking services to the bank’s Visa-branded AccelaPay relodable prepaid payroll card.

National Payments Corp. of India in November reportedly plans to launch a payment system that would enable consumers in that country to transfer funds for free to any account in India held by participating financial institutions using their mobile phones.