It's easy to point to the multi-billion-dollar banks and conclude credit unions simply can't compete when it comes to technology offerings.

Many well-intended senior executives are often unarmed when negotiating or renewing IT contracts, meaning the credit union frequently overpays. But when done right, even mid-sized credit unions can save as much as seven figures on an enterprise-wide negotiation.

Advances in browser technology have enabled $1.6 billion University of Wisconsin CU to become the first to build mobile check deposit into its mobile browser, according to Bank Technology News.

CVC Capital Partners Ltd., one of Europe’s largest private-equity firms, agreed to buy a majority stake in British online payment company Skrill Group Plc from Investcorp Bank BSC in a deal worth $800 million.

VeriFone Systems has launched Way2Ride, a mobile app that enables taxi passengers to get in, tap to pay, and get out of the cab the moment their ride is over.

Facebook’s new mobile checkout initiative brings heft to the power of social data in areas such as advertising and payments risk, and aims to improve the user experience on mobile apps.

KINGSTON, Jamaica – The Jamaica Co-operative Credit Union League, or JCCUL, has been testing its Jamaica Credit Union ePayment Services and will make a more widespread launch today, according to local media reports.

Bitcoin users who help maintain the digital ecosystem's official record of transactions may soon find themselves required to register with the Financial Crimes Enforcement Network as administrators of the alternative currency.

Microsoft Corp. is joining Eurosmart, a Brussels, Belgium-based association that develops security standards for smart cards, terminals and other electronic applications.

As the Isis mobile wallet comes out of pilot, it's important to note that not every emerging payments initiative makes it this far. But in experiments, any result can be valuable if the companies behind the test find something to learn from it.

See how the U.K. version of the PayPal Here mobile point of sale technology enables EMV chip-card payments.

The European Commission says the phone company and banks involved in a mobile commerce joint venture in Spain can move forward because they are not violating anti-competition rules.

With its latest proposal, the Payment Card Industry Security Standards Council aims to make card data security more straightforward for merchants and organizations accepting payments.

The company behind the German mobile payments app GO4Q has had a busy — and challenging — summer, adding payments for taxi drivers, golf courses and beer gardens.

Mobile payments provider Square Inc. faces fines of $507,000 from Florida regulators for operating in the state without a money transmitter license.

Payment processor SecureNet Payment Systems has developed Mobile PayOS, which enables merchants to use Apple's iOS mobile devices to receive mobile payments.

Groupon aims to attract more merchants to its mobile payment offering by letting them remove the mobile device from the equation.

The Federal Trade Commission has proposed additions to the Telemarketing Sales Rule to eliminate remotely-created payment orders and checks, bar the use of reload PINs for bill payments and prohibit cash-to-cash money transfers.

Realex Financial Services has launched Realex Fire, an account that enables users to create a circle of people to regularly pay.

SixThirty, a financial services technology accelerator program by Square co-founder Jim McKelvey, launched this week in St. Louis.