For credit unions, mobile wallets are as much a threat as an opportunity. 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.

A substantial majority of payments in the U.S. and Canada are non-cash, placing the two countries close to being cashless, MasterCard reported Sept. 23.

Payment processing software company ACI Worldwide has entered an agreement to buy Official Payments Holdings, a seller of electronic bill payment technology.

Richard Lyon is the new commercial director for Northern Europe at Spire Payments, a payments technology company.

PayPal is nearing a deal to buy Braintree Payment Solutions, which would give the eBay subsidiary access to transaction fees from more than $10 billion in payments Braintree processes annually, according to a report in the Wall Street Journal.

In addition to NCUA's proposal to stress test large credit unions, the agency is also rolling out new initiatives related to investigating fraud.

Having software with the ability to cross-sell products and services to members based on internal, forward-looking data removes the guess work.

As more credit unions look to the clouds for information storage and access, issues surrounding security and best practices become more pronounced.

The ever-growing file of aggregated, disparate information known as "big data" is leaving many credit unions with more questions than answers.

For many credit unions, having a Facebook presence helps build brand awareness and foster member loyalty. And it's always interesting to see how many members click the "like" button on their CU's page.

The ability to decipher member information into actionable intelligence is a goal many credit unions executives would like to achieve.

The advent of online and mobile bill payment solutions has changed consumer bill payment behavior, resulting in additional revenue for debit and credit card issuers, cost savings to billers, and lost revenue, according to a new Aite Group report, "How Americans Pay Their Bills: Sizing and Forecasting Bill Pay Channels and Methods, 2013-2016."

Only two months after offering mobile check deposit as convenient service app to its 170,000 members, Apple Federal Credit Union has experienced fraudulent transactions.

On a typical workday, Jackie Pickard, a teller at American Heritage Federal Credit Union in northeast Philly, walks into the CU's stately office building, fires up her computer and begins her day serving members-some of whom are located miles away.

In a very short time, Florence Savings Bank has seen its customers demonstrate a fanatical devotion to its new instant debit card issuance system.

Before there was Bitcoin, there was Ven, a digital currency that launched six years ago as part of the Hub Culture social network.

MasterCard is actively building payments capabilities for Google Glass, Google's wearable computing device.

A selection of images featuring credit unions' efforts in their communities.

A Nevada credit union and two technology vendors will introduce a new mobile payments system on Sept. 24.

Google made two drastic changes to its mobile wallet when it released an NFC-free version for Android phones and then, two days later, unveiled a version for the iPhone. What does the new Google Wallet look like on each device?