MADISON, Wis. – Loan growth continues to pick up at credit unions, but it is a slow crawl, according to the latest analysis released in CUNA Mutual’s Trends Report.

A newly formed group called the Third Party Payment Processors Association (TPPPA) plans to advocate for third-party payment processors, as well as for partner financial institutions and the merchants and consumers that use their services.

Bitcoin Ventures Inc.'s new CoinTap allows consumers to obtain bitcoins by purchasing a stored-value card in retail stores.

PayPal has made its portable chip-and-PIN card reader, called PayPal Here, available to all merchants in the U.K.

Harris Teeter will pilot Paydiant's mobile wallet as part of its Express Lane online shopping service, starting at a grocery store location in Matthews, N.C.

Moven has contracted with online and mobile payments company Payveris to provide payment services for the financial services startup.

Several money transmitters are offering their state licensing portfolio to emerging payments agents, allowing them to get to market quicker — but startups lose some autonomy if they go this route.

London-based Powa Technologies Ltd. received $76 million in investment to expand its mPowa mobile payments technology beyond the U.K.

PayPal is paying attention to locally owned stores in its initiative to support in-store payments, but the small-business segment has posed many challenges for companies that try to introduce new technology.

Trustwave and Transaction Network Services (TNS) plan to jointly provide an encryption service designed to shield payment card information.

Motorola Mobility will phase out its use of Xoom branding for its tablet, following a trademark infringement fight with Xoom, an online remittance company.

Near Field Communication technology is regaining its momentum as a payments tool with Desjardins Group's planned mobile payments rollout.

Since becoming CEO of U.K.-based VocaLink last year, David Yates has launched a separate mobile payments unit while keeping the processor focused on speeding up payments throughout Europe.

ONTARIO, Calif. – The California and Nevada Credit Union Leagues have launched a new business unit, Image Arc Marketing Services – a creative marketing firm to serve and assist member credit unions, affiliates, and business partners.

LONDON – The number of payment cards worldwide increased by 12% in 2012 to reach a landmark 10 billion, according to a new report from specialist research and consulting firm RBR.

AUSTIN, Texas – Mobile end-user engagement continued to strengthen in July, according to data released as part of the Monkey Insights survey conducted by Malauzai Software.

LAS VEGAS – One Nevada Credit Union is running a marketing campaign promoting its suite of checking products called BACON – an acronym for Bad A$$ Checking from One Nevada.

Micros Systems, which provides services for the hospitality and retail industries, is collaborating with PayPal to provide payments technology.

SmartMetric Inc. has requested summary judgment on its claim that Visa and MasterCard infringed on its smart card patent.

The Online Lenders Alliance wants Nacha, the group that manages a U.S. payment system, to clarify warnings on illegal use of the network by payday-loan firms, saying the message is posing a threat to legitimate business.