Canadian payments company DirectCash Payments has unveiled a new payment-capable wristband.

Information technology firm Infosys and digital payments company Payveris have partnered on a new service for bill payment and money management for credit union and community bank customers.

UMB Financial in Kansas City, Mo., has hired an IBM executive to be chief information officer.

A trans-Atlantic trademark dispute pits one of the most talked-about startups in the emerging blockchain technology field against a futures exchange whose founder is involved in another ballyhooed blockchain firm.

The mobile wallet market is constantly changing, often in unexpected ways. Products have evolved dramatically in a very short amount of time, and companies that seemed committed to one strategy a year ago now find themselves on a completely different path.

Samsung is confident even though its payment service comes almost a year after Apple's. Unlike Apple Pay, Samsung's can work with the magnetic-strip card readers that are common in stores and restaurants. On top of that, Samsung won't charge banks and credit-card issuers transaction fees.

The recent explosion of mobile commerce and payments would not have been possible without open and sharable technology, and the credit union service organization CO-OP Financial Services aims to duplicate that success with its own technology.

CU Direct, a provider of lending, automotive and strategic solutions to the credit union industry headquartered here, on Wednesday said it has entered into a new agreement with Credit Union Leasing of America (CULA).

Credit unions in a number of states have been offering prize-linked accounts for years, but up until recently, banks were unable to follow suit, but with a recent change in law, one small bank is offering a "Jackpot Savings" account.

The timing brings Samsung's mobile wallet to market just a few weeks shy of Apple Pay's one-year anniversary — and in line with the expected annual refresh of Apple's iPhone line.

As banks look to shorten their list of vendors, the industry's largest technology supplier is looking to lengthen its list of products and services.

WeChat, a smartphone instant-messenger, digital wallet and car-booking service rolled up into one, is probably worth $83.6 billion. As people spend more and more time sending short messages to each other, such services have become some of the hottest technology businesses around.

PSCU on Wednesday announced a partnership with Member Driven Technologies to provide call center support to MDT's roster of credit union clients.

While the average consumer’s banking and payment account information may not be considered as highly-sensitive as the "non official cover" list from Mission Impossible, multi-layer authentication is still the best way to fend off fraudsters.

Visa's newly established Bangalore-based technology development center is rebuilding Visa's presence in India, bringing fresh ideas to some older projects.

DoverPhila Credit Union, a Dover, Oh.-based credit union with more than 35,000 members, has started using CAMS-ii core processing software provided by R.C. Olmstead of Powell, Oh.

As technology becomes even more integral to nearly every aspect of running a credit union, more technology officers are finding themselves taking the reins as CEO. In this first of a series, CU Journal profiles FORUM CU CEO Doug True, who cut his teeth in IT.

The $9.1 billion acquisition of SunGard Data Systems would deepen FIS' bench in banking and asset management services and add products for capital markets, dovetailing with banks' desire to narrow the list of companies that serve them.

Payment and identification card company American Banknote (ABnote) and cloud-based payment company MeaWallet are partnering to create an open-loop mobile wallet for ABnote customers.

As CEO of the Merchant Customer Exchange (MCX) mobile wallet venture, Brian Mooney must remain calm as his company faces an increasingly stormy market with no product to show for its years-long efforts.