Earlier today Groupon POS, a mobile payment app for merchants using iPads as point of sale systems, was released on iTunes, but the app has since been pulled from the app store.

Visa is adding electronic capabilities to its Visa Offers rewards program, leveraging online and mobile technology to bring offers closer to the point of sale.

Amazon.com's virtual currency Amazon Coins, which launched today, has the potential to become a successful alternative to card payments — if the currency expands beyond digital app purchases.

U.S. consumers conducted nearly half of their online shopping using mobile devices, spending $5.9 billion in mobile commerce sales during the first quarter of 2013, according to Internet analytics firm Comscore.

Roam, a Boston-based Ingenico subsidiary that sells mobile commerce technology, will partner with iPayment to sell a range of mobile payment services to merchants.

Amazon launched its virtual currency, Amazon Coins, giving all U.S. Kindle Fire tablet owners $5 worth of free coins in their Amazon accounts and discounts for purchasing more in bulk.

Typically, I don't cover or analyze so-called payments innovations that merely embrace and extend the legacy infrastructure, but a new middleware startup, CardFlight, could actually operate as a payments "air traffic controller" because its code sits directly between the consumer and the processor.

Clearpath FCU here is working to recreate its website after a Distributed Denial of Service (DDoS) attack took it down. The attack was not part of the much-rumored wave of interruptions that had threatened to take place on May 7.

While often overlooked as possible conduits for denial of service attacks (DDoS), internet-connected devices such printers, routers, IP cameras and sensors are considered open doors that cyber criminals freely walk through undetected-until it's too late.

Small CUs often complain they can't afford a mobile solution, but NCUA's Office of Small Credit Union Initiatives says prices have declined so far that excuse won't cut it anymore.

With credit unions continually looking for social media to demonstrate ROI, one analyst says that CUs may be putting their efforts in the wrong place.

Originally conceived as a way to split a dinner bill or send a monetary birthday gift, person-to-person (P2P) payments are redefining the way in which member banking is conducted.

JACKSONVILLE, Fla.-All credit unions face the challenge to responsibily protect enterprise and member data from malware attacks unknowingly downloaded via otherwise seemingly harmless employee Web browser searches. But just because defenses are in place doesn't mean data is safe.

As members increasingly move toward home and mobile banking, credit unions are being forced to reach out in progressive ways to maintain interactive relationships. For GTE Financial, it's all about "virtual hugs."

Three years ago, Purdue Federal Credit Union wanted to enhance its "big browser" online banking platform to better serve its approximate 62,000 members. Now, after two years of successful implementation, the credit union has increased its online banking membership

Community banks, which have largely dodged a recent wave of cyberattacks, must prepare for the next major online assault.

Simon Haslam is becoming president and CEO of Elavon at a time of extreme stress for payments processors, which face nimble competitors, new payment standards and high-profile security risks.

The identities of the card processing companies whose systems were breached in a massive cyber offensive have surfaced.

Foreclosure activity dropped in April to the lowest level in more than six years, another sign the recovery in the housing market is on track, a report from RealtyTrac showed on Thursday.

NorsePayments wants to make it harder for card thieves to perform fraudulent card-not-present transactions.