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.

Mobile bill pay app developer Check has received $24 million in Series C investment led by Menlo Ventures, a venture capital firm that has previously funded app developers Uber and Tumblr.

TAMPA, Fla. – Card Services For CUs announced this morning it has expanded its mobile banking portfolio to include Monitise's Bank Anywhere and will offer Monitise's mobile banking services to its 2,600 member credit unions.

Doomsayers conveniently forget that the business case for introducing debit cards was one of cost avoidance for the banks, not revenue.

HADLEY, Mass. – UMassFive College FCU has extended its relationship with Fiserv and signed to implement the company’s account processing and mobile financial services.

PEORIA, Ill. – Members Choice CU said it will integrate Geezeo’s personal financial management product into its online banking platform.

Microsoft's planned acquisition of Nokia's handset division is designed to bolster its position as a hardware manufacturer and solidify a mobile platform for its Windows operating system. But the move may also boost the tech giant's payments aspirations.

Student and auto lending both jumped in the 12-month period ended in July, according to an Equifax report released last week.

Ohio officials want child support agencies in the 88 counties across the state to improve collection rates 10% by 2015. The state’s average collection rate is currently 67.3%.

Banks can do business with Internet-based lenders that don’t violate the law, the nation’s primary payment system said in a letter that followed warnings from regulators about the online firms’ practices.