AUSTIN, Texas — Consumers, in growing numbers, are turning to mobile exclusively for their remote banking needs, and CUs are doing a better job than banks at signing up mobile users.

Target CEO Gregg Steinhafel is stepping down as chairman, president and CEO, effective immediately, Target's board announced May 5.

The mounting threat of cyberattacks has spooked everyone from the biggest banks to average U.S. consumers.

Fraud schemes are constantly changing, as criminals exploit new channels and methods of perpetrating their crimes. It is the ultimate game of whack-a-mole; stamp it out in one place, and it pops up somewhere else.

While mobile wallet providers try to simplify the payment process by taking physical plastic cards out of the equation, others are looking further into the future to an era where all things are connected.

North American Bancard (NAB) is adding technology from Moki in an attempt to secure and manage its in-store mobile point of sale system.

The U.K.-based high-volume transaction analysis provider Insider Technologies has plans to expand beyond its current customer base in Europe.

As mobile devices become more integral to consumers’ lives, they present more opportunities for interaction with banks, payment companies and merchants. Here are a few companies that are pushing mobile technology into the future.

WorldPay Group, of London, has acquired Cobre Bem Tecnologia, one of the largest payment processors in Latin America.

Ever since the Target data breach made national headlines late last year, customers at City Bank Texas in Lubbock have been deactivating and reactivating their debit cards with much greater frequency.

PLEASANTON, Calif. — The writing is not on the wall — it's on your phone.

SAN JOSE, Calif. — Perhaps the biggest question swirling around last month's Finovate conference is: why are mobile payments still more hope than reality?

It's about to get a lot harder for credit unions to reach their members on Facebook.

SAN DIEGO — Credit unions have vastly expanded their online footprint in recent years by establishing a social media presence, but the social media landscape for CUSOs is less clear.

Security can be difficult to improve at gas stations because payment hardware is built into the pumps, making it costly and difficult to upgrade. First Data and VeriFone are teaming up to overcome this challenge.

Bitcoin ATM provider Robocoin is touting its ATMs as bank branches after launching an online banking platform, Robocoin Bank.

Wells Fargo is expanding its commercial card portfolio to Europe with the launch of a European Commercial Card.

Masabi Ltd. will provide its mobile ticketing service to commuters using rail lines on New York's Metropolitan Transportation Authority system, the London-based transit payment provider says.

The Target data breach has sparked more awareness of card security issues, but nearly 90% of U.S. consumers responding to a Phoenix Marketing International survey don't know much about the EMV-chip cards Target and others are adopting to deter counterfeiting.

Alibaba Group Holding Ltd., the Chinese e-commerce operator headed for an initial public offering, is in talks to regain a stake in the Alipay payments affiliate, according to a person familiar with the matter.