MasterCard and Entrepreneurial Finance Lab (EFL) are offering a reputation-based scoring system to improve credit underwriting for unbanked small businesses, a move designed to increase non-cash payments in developing countries.

Revel Systems saw an opportunity in the power outage that halted the last Super Bowl. And it's an opportunity that has started to show results.

Southwestern Advantage, a multi-level marketing company with a model similar to Avon or Amway, relies on college students to sell its educational materials — raising potential risk issues as a young and inexperienced sales force is tasked with protecting payment details.

Misys and Swift have entered a partnership with the goal of improving the accuracy and consistency of payment transactions making their way through bank networks.

Payments marketing company edo has launched edo Marketplace, a card-linked offers platform that allows merchants to create their own targeted campaigns.

Google Wallet is getting over its reliance on a small set of Near Field Communication-equipped handsets with a new app that works on any phone running version 2.3 or higher of the Android mobile operating system.

Consumers tend to use debit cards more often than credit cards for "day-to-day" purchases such as groceries, gasoline and drug-store items, and turn to credit cards for higher-ticket items such as appliances, the study says.

As banks reimagine their branches, BTN's Mary Wisniewski spends the day with American Heritage Federal Credit Union's video tellers. The Philadelphia credit union offers an example of what the future teller looks like: offsite and visible to members through a Skype-like experience on personal teller machines.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

Daniela Mielke is the new chief strategy officer at Vantiv, where she will help lead product innovation, profitability, revenue and scale for the Cincinnati-based payments processor.

Making payments on a television may seem like a Jetsons-era dream, but it's drawing the attention of modern-day payment companies that see the disruptive potential of TV.

LevelUp's software development kit (SDK), released last week, allows companies such as Zuppler to add mobile payments without drawing users away from the merchant's branded mobile app.

INDIANAPOLIS – Eli Lilly FCU has implemented the Q2platform, which the company said will provide the credit union’s members with a unified experience across all channels and consolidating reporting.

QUEENS, N.Y. – Melrose CU has purchased StrikeForce's ProtectID Two-Factor Out-of-Band authentication technology to protect its corporate network and meet regulatory compliance.

The team behind Bump Technologies has become a part of Google, a move that could potentially combine both companies' payments initiatives.

TD Bank Group acquired half of CIBC's Aerogold card portfolio mainly to provide more card services for its customers and solidify its position as the top issuer in Canada, TD Bank CEO Ed Clark told investors Sept. 16 during a conference call.

The latest revelations about the National Security Agency confirmed what many in the payments industry had long suspected: the agency is watching electronic transactions along with communications.

Consumers in the U.K. using Barclays' Pingit mobile app will now have the option to use it for online purchases.

Consumers who primarily use cash for transactions can now initiate domestic and international online money transfers through Ukash Money Transfer.

Fiserv has launched a program to help banks deal with the implications of new requirements from the Internal Revenue Service.