Telefónica Czech Republic, operating under its 02 brand, will pilot a mobile payment program to allow merchants to accept payments on their smartphones or tablets from consumers using Near Field Communication-enabled stickers or smartphones.

SAN DIEGO – Symitar, a division of Jack Henry & Associates that provides integrated technology platforms for credit unions of all sizes, announced the completion of its brand refresh initiative.

NEW YORK – JP Morgan Chase, the second-biggest provider of student loans, said it is exiting the market, leaving a huge opening in the burgeoning market for credit unions.

VeriFone's recovery from its earnings slump will rely heavily on merchants investing in new technology to respond to the impact of mobile on payments.

Seven card-issuing banks can sue Heartland Payment Systems Inc. for negligence stemming from the processor’s 2008 data breach, the 5th U.S. Circuit Court of Appeals ruled this week.

Instant-issue cards may seem like old news, but if Centier Bank's recent implementation of EFT Source Inc.'s platform is any indication, the technology is still helping banks increase transactions and interchange revenue, while lowering card production costs.

Braintree is viewing consumer purchasing behavior at multiple merchants to improve fraud mitigation.

The Consumer Financial Protection Bureau issued a stark warning Wednesday to banks and other firms that exchange information with consumer reporting agencies, saying such companies will be heavily scrutinized for how they resolve customer disputes.

Fiserv has introduced a service to help companies predict their customers' behavior.

The launch of PayPal's revamped mobile app is a coming out party for the eBay unit to prove it's laid the foundation to be a serious offline payments player by employing strategies that differ greatly from how it achieved success as an e-commerce payments scheme.

Target has emerged as a leader in store-branded debit cards. The goal of such cards is to use data analytics and discounts to cement customers’ loyalty.

With all the various payment methods now available to consumers shopping online, more than 80% still prefer to use cash for online purchases of £10 (U.S. $15.55) or less, according to a survey by a U.K.-based online cash payments provider.

NEW YORK – Melrose CU has purchased StrikeForce's ProtectID Two-Factor Out-of-Band Authentication technology to protect its corporate network from cyber attacks.

RAPID CITY, S.D. – Black Hills FCU deployed Corillian Online and Mobiliti from Fiserv, along with several complementary solutions, as part of an overhaul of its digital brand.

A new group of payment terminal providers will add Isis’ specifications for payments and loyalty programs, enabling the telecom-driven mobile wallet to reach approximately 90% of the addressable market for point of sale hardware in the U.S.

Citibank has agreed to pay $55,000 to settle a complaint by the Connecticut attorney general that the bank was aware of a security flaw in its online banking service that resulted in hackers obtaining payment card data and stealing about $2.7 million.

It appears Google may not be satisfied with the prospects of consumers only wearing its Glass headsets and using its mobile wallet on Android-powered smartphones.

In an effort to shield merchants looking to expand into new markets, PayPal will launch an expanded seller protection policy for the Asia Pacific region on Oct. 11.

Australia's ANZ Group announced Tuesday that it’s launching ANZ Transactive Mobile — a smartphone app that helps streamline cash management for corporate customers.

Citibank has agreed to pay $55,000 to settle a complaint by the Connecticut attorney general that the bank was aware of a security flaw in its online banking service that resulted in hackers obtaining payment card data and stealing about $2.7 million.