Data through May, released Thursday by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, showed no change in national default rates during the month.

Check, formerly PageOnce, is adding an expedited payment service to its mobile app.

Online ticket payment provider Picatic has the business model of a museum—its customers are expected to pay, but the amount is at least partly up to the patron.

INDIANAPOLIS – FORUM CU has released an updated mobile application for Apple devices with iOS version 5.0 or greater that brings new features and functionality to iPhone and iPod Touch users and now makes the app available on iPads.

New nonbank companies entering the payments industry should be subject to the same regulatory oversight and transparency requirements as their financial institution peers, according to a report released by the American Bankers Association.

MasterCard and Western Union have launched an international payments service that allows small to medium sized U.S. businesses to execute cross border transactions.

Electronic payments company Ixaris, which has about 20 corporate clients using its Ixaris Payments Server, will target corporate prepaid card-issuing financial institutions with the same technology.

Xoom has developed native Apple and Android applications for its money transfer service.

Mobile payments companies and retailers will forge more partnerships where they retain customer identities, making it unnecessary to re-enter credit-card information, said John Collison, co-founder of Stripe Inc.

MIDDLETOWN, Ohio -- MidUSA CU announced this morning it has signed with Buffalo Pacific LLC and Telepresence Technologies LLC to be the first credit union in the U.S. to deploy the companies’ high-definition 3D OmniSuite technology that brings together life-size 3D, real-time video communications with full eye contact and theater quality sound to create a virtual "presence" of the credit unions experts, on member demand.

Stockholm-based iZettle is bringing its mobile card reader into Mexico.

Many Bitcoin startups face the expensive and daunting task of obtaining multiple state money transmitter licenses. But these businesses could drum up enough support to create a more streamlined and affordable licensing process.

ORLANDO, Fla. – FAIRWINDS CU has implemented Intuit Financial Services’ digital banking suite.

U.K.-based Spire Payments has hired Nick Parsons as its managing director of Northern European activities, the payments hardware provider announced June 18.

NetSpend stockholders voted to approve the prepaid card marketer's acquisition by Total System Services, clearing the way for the payments processor to complete the deal in mid-2013.

Online restaurant reservation provider OpenTable Inc. has acquired mobile payment startup JustChalo Inc. for $11 million.

Wendy's International Inc. is beefing up the payment functions of its My Wendy's mobile app, which furthers the company's strategy and plays on other quick service retailer's success with mobile payments.

Core banking provider Computer Services Inc. (CSI) has introduced the Social Payments Instant Network, or SPIN, which supports person-to-person payments through mobile and online banking.

Amazon.com Inc. added a new payments system called the Amazon Birthday Gift, which allows users to send Amazon.com gift cards with birthday messages to friends on Facebook and allow other friends to contribute more to the card's balance.

AUSTIN, Texas – University (of Texas) FCU, which was hit by three different distributed denial of service attacks this winter and spring, successfully blocked the third attack using Prolexic’s DDoS mitigation services, called PLXproxy solution.