Italian mobile point of sale company Jusp has launched a mobile chip-and-PIN card reader as a plug-in device, veering from the more common approach of using a separate Bluetooth device.

Three banks in France have launched Paylib, a PayPal-like online payment system — and they're betting that France is just different enough that they can succeed on their home turf with a strategy that has had mixed results in the U.S.

INDIANAPOLIS – Centra CU said it is now offering Fiserv’s SpotPay, a mobile payments solution for small businesses that enables merchants to accept card payments anywhere, anytime.

PayPal’s reported plans to acquire Braintree would give it more than just a payment processor that moves $10 billion a year. If this marriage takes place, it would signal a shift in how payments companies think about technology.

As Isis forges ahead with its nationwide launch — despite losing the active participation of two of its four issuer partners — it's becoming clearer that mobile may not displace credit cards as easily as it can displace prepaid and cash.

PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history.

If mobile wallets represent the future of payments, a lot of Americans would prefer to keep living in the past.

Facebook is rolling out its “Autofill with Facebook” function with PayPal, Braintree and Stripe, eliminating the need for consumers to type their billing information on smartphone screens.

The U.S. payments system must continue its push to overcome the challenges inherent in creating a near real-time retail payment option, says Sandra Pianalto, president and CEO of the Federal Reserve Bank of Cleveland.

The European bank UniCredit has picked First Data to develop its mobile-payments offerings for Europe.

Simplee, which provides a cloud-based patient payments system, received a $10 million investment led by Heritage Group, which represents the top hospital systems in the U.S.

Nacha, the electronic payments association, is advocating security as a reason to adopt faster processing — a move that would require a change in the association's rules that has thus far proven elusive.

U.S. banks and merchants face many obstacles in preparing for EMV chip-based cards at the point of sale — and the Web is no less reluctant to change.

LAS VEGAS – As the credit union mortgage business transitions from a refi market to a purchase market, CUs are having to make “hard decisions” about their sales staff.

LOS ANGELES – The new digital payments network being formed by credit unions is poised to choose a mobile platform and is seeking credit unions to invest in the project.

WICHITA, Kan. – NCUA Monday evening filed a civil suit against 13 international banks, including J.P. Morgan Chase, alleging violations of federal and state anti-trust laws by manipulation of interest rates through the London Interbank Offered Rate (LIBOR) system.

Payment terminal maker VeriFone has appointed Paul Galant, previously a Citigroup payments executive, to be its chief executive officer and a member of its board of directors, effective Oct 1.

Mobile wallets are as much a threat as an opportunity to the credit union community. In an effort to fight back, One Nevada Credit Union is working with several experts on CU Wallet, a credit union-focused mobile payments system.

MasterCard and e-invoicing provider Basware will offer an electronic payments system designed to speed payments and approvals for suppliers and extend payment terms for buyers.

Singapore-based F1Soft International will provide online and mobile money transfer software to Bangladesh Commerce Bank to help customers seeking ways to send money to family members in other countries.