WASHINGTON — The Consumer Financial Protection Bureau issued a proposal Wednesday that would allow it to publish more information about individual complaints made by consumers about financial companies.

Getting retailers to add mobile payments – or even ban credit cards in favor of mobile – is not impossible. But it just might be easier to get merchants on board with mobile if they haven't even accepted their first payment.

There have literally been dozens of tablet-based point of sale solutions introduced to the retail market and with reason. The demand for a better point of sale software solution has been increasing rapidly.

eBay's two most "extraordinary events" from the first half of the year were a now-resolved conflict with activist investor Carl Icahn and a cyber-attack that created financial headwinds. It is not yet actively searching for a new PayPal president.

IBM is creating new apps for banks their employees can use on iPhones and iPads. In doing so, Big Blue will help banks push legacy applications out to new devices, making many types of work possible on Apple devices.

Visa introduced a new digital payment system July 16 called Visa Checkout, replacing the V.me digital wallet that formally launched in 2012. The idea is to move away from the "digital wallet" concept and convey a message of simplicity.

Payza is adding new features with the goal of helping merchants improve their conversion rates.

Western Union has appointed Robert W. Selander, former chief executive of MasterCard, to its board of directors. Additionally, Western Union named Raj K. Agrawal, the company's interim chief financial officer, as permanent CFO and executive vice president.

More merchants are interested in accepting payments on tablets and phones, and they have many choices of providers. What are banks and vendors doing to set themselves apart?

More merchants are interested in accepting payments on tablets and phones, and they have many choices of providers. What are banks and vendors doing to set themselves apart? (Image: ShutterStock)

As the frequency and cost of security data breaches increase, credit unions must be prepared for more regulatory scrutiny in addition to more cyber attacks.

Personal financial management (PFM) services are falling short of their potential because financial institutions aren't collecting enough data on payments to property categorize purchases.

Powa is reaching out to individual software vendors around the world in an attempt to accelerate integration of its point of sale tools with local mobile apps.

WorldRemit is targeting mobile wallets in emerging markets in a bid to eventually set a standard for international mobile money transfers.

Australian supermarket Coles is launching a tap-and-go mobile wallet to customers this week.

Twenty years ago, the decentralized open architecture of the Internet was inspiring entrepreneurs worldwide to build products and services while skeptics rolled their eyes and wondered why anyone would want to use this slow, rudimentary, obscure technology. Jeremy Allaire, a veteran of the early Web days and now the CEO of startup Circle Internet Financial, sees parallels between that era and the current state of digital money.

Many banks' legacy systems were built decades ago and are maintained by folks nearing retirement. The challenge for CIOs is finding talented young recruits who are as well-versed in old technologies as they are new ones.

Wells Fargo's process of establishing new cross-border remittance corridors creates a vital network effect, helping the bank withstand the country-specific problems that are driving rivals out of the business.

ProPay, a subsidiary of the processor Total System Services (TSYS), is working with ThreatMetrix to offer fraud prevention technology to its customers.

Apple has launched an automated account loading feature in Japan, a product that eliminates the need for plastic gift cards and may signal the beginnings of a pure digital wallet.