Buttercoin wanted to be a Bitcoin exchange, but after being discouraged or outright rejected by over 76 financial institutions, it chose a different path.

MoneyGram is further expanding its funds transfer services internationally by partnering with DenizBank, a Turkish private bank.

California’s legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.

ZooZ, a provider of mobile payments technology is launching a checkout system based on HTML5, the latest version of the HTML markup language used in desktop and mobile websites.

Citi has completed its purchase of electronics retail giant Best Buy's U.S. credit card portfolio from Capital One.

MasterCard processing subsidiary DataCash will integrate with TV App Agency’s TV App Engine to enable electronics makers and app developers to accept payments through specially equipped televisions.

The smartphone boom is rapidly ramping up usage of mobile check deposit, which could open the door wider for crime if credit unions don't remain active in guarding against fraud through this emerging service.

John Leekley, founder and CEO of RemoteDepositCapture.com, believes the window of opportunity for remote deposit capture fraud is closing.

Strong check endorsement policies go a long way toward fighting mobile check deposit fraud, but sources are uncertain whether banks and credit unions have focused their full attention in this area.

Every CU should know its members and apply mobile check deposit policies based on an individual's relationships and demographics, advises Cindy McGinness, new product development manager at PSCU.

FLOWOOD, Miss. – Statewide FCU announced this morning it is partnering with Vancouver, B.C.-based TRG Mobilearth for a tablet-based app enabling employees to leave the branch and perform branch functions like new accounts, loan and mortgage applications anywhere their members live, work or play.

Loan losses plaguing Craftsman Credit Union of Detroit prompted the Michigan Department of Insurance and Financial Services to liquidate the credit union on Friday.

Since its founding six years ago, Braintree has grown its annual processing volume to $10 billion a year — including more than $2 billion from mobile transactions — which could make the Chicago-based payments processor an attractive addition to a number of companies.

Consumers in Spain will be able to make mobile payments using Vodafone SmartPass, a Near Field Communication-enabled mobile wallet, in partnership with Visa.

The Hailo taxi e-hail app has integrated VeriFone's application programming interface to enable passengers to electronically hail and pay for taxi trips with their smartphones, a combined service that’s expected to be available the week of Sept. 9.

PayPal launched a revamped mobile app on Sept. 5 that includes some new features, as well as a new look and feel for existing functions. How does the new app stack up against its predecessor?

Giesecke & Devrient says it has given Near Field Communication payments a significant boost by developing a SIM card on which several NFC applications can operate simultaneously.

Equipment leasing company TimePayment is adding a new Web calculator to improve vendors’ ability to manage payments for business equipment, as well as extend sales by optimizing renters’ budgets.

Cynergy Data has chosen Roam’s white-label product to power its Vwalaa mobile payment brand.

Barnes & Noble, the biggest U.S. bookstore chain, won the dismissal of a suit over the “skimming” of customers’ PIN codes from credit-card readers at stores in New York, California and seven other states.