GLENDALE, Calif. – Clearpath FCU here is working to re-create its website after a Distributed Denial of Service (DDoS) attack took it down.

Two payments technology veterans are working on a mobile wallet that would not require changes to the hardware and software at the point of sale.

Xoom will give customers who send a digital online money transfer to the Philippines during the month of May a $50 Amazon.com gift card as part of a Mother's Day promotion.

Discover Financial Services and Network International, a Middle Eastern payment provider, have formed a strategic alliance to allow cross border card acceptance.

Wells Fargo and Bank of America have serially violated the terms of the National Mortgage Servicing Settlement, New York Attorney General Eric Schneiderman alleged on Monday.

Mortgages at least 30 days delinquent or in some stage of foreclosure fell to 5 million in March, down from a peak of 7.7 million in January 2010, according to Lender Processing Services.

Ed Labry, who served as First Data's interim CEO before the payments processor chose Frank Bisignano for the top job on April 28, has been named vice chairman.

New York livery car groups won a bid to block a pilot program that would enable people to hail and pay for rides in one of the city’s 13,000 yellow taxis using location-based smartphone applications.

WASHINGTON – Dozens of credit unions and banks around the country are preparing for what an international group of cyber criminals has promised as mass distributed denial of service, or DDoS, attacks tomorrow, May 7.

Credit unions make up 25% of the Power 100, a new social media ranking feature from The Financial Brand, but are limited mostly to the bottom half of the list and continue to be outshined by the big banks.

It's estimated that nearly half of the U.S. Internet population will be using tablets by 2014, which means increasing pressure on credit unions to adapt and conform to the trend.

PageOnce is changing its name to Check, a rebranding that signals the mobile financial management company's new focus on payments.

Tradehill is relaunching its virtual currency trading system after it shut down an earlier version of its offering last year amid regulatory disputes and a legal fight with online payment company Dwolla.

Gene Cornfield, chief marketing officer for digital gift card provider CashStar Inc., recently sat down with PaymentsSource to discuss how Starbucks, Apple and other companies are setting the tone for the next developments in mobile commerce.

RANCHO CUCAMONGA, Calif. – The rising tide of Distributed Denial of Service (DDoS) attacks on American financial institutions has led CO-OP Financial Services to commission a white paper on how credit unions can fight back.

DUBUQUE, Iowa – DuTrac Community Credit Union has introduced a smart phone application to assist members in buying a vehicle.

Canada is presenting many opportunities to the payments companies operating within its borders and in the U.S. Here are some of the most recent examples.

Google announced this week a partnership with Equity Bank in Kenya to offer a Near Field Communication-based prepaid card for bus travelers.

Consumers in Iceland will soon have access to contactless payment technology using Visa cards or smartphones.

The U.S. government is losing billions of dollars in paid benefits to people who are still working, no longer alive or are behind bars, according to a report on unemployment fraud by the St. Louis Federal Reserve.