Vindicia, a subscription billing service, is teaming with U.K.-based processor SmartDebit to provide "customer-not-present" payment technology.

The Ninth U.S. Circuit Court of Appeals has overturned a $45 million class action settlement involving the three major credit-reporting agencies.

Francoise Brougher, a former Google and Charles Schwab executive, is Square's new business lead.

New York Gov. Andrew M. Cuomo announced Thursday that his office has asked credit scoring and reporting bureaus to take immediate action to stop lowering credit scores for Superstorm Sandy victims.

Payvia Inc.'s newest clients — Skype, OnCam and Bright — demonstrate a growing appetite for charging payments to consumers' phone bills.

PNC is undertaking an effort to tear down the barriers that have hindered adoption of electronic payments.

People — and payment companies — are starting to take Bitcoin seriously.The decentralized virtual currency is overcoming its stigma as a fringe currency for illegal transactions and is stirring up consumer scrutiny of the practices of large payment providers. The payments industry is changing rapidly, but today the movement isn't about payments — it's about data.

WICHITA, Kan. – Meritrust Credit Union has selected ForeScout Technologies’ CounterACT network access control system.

RANCHO CUCAMONGA, Calif. – CO-OP Financial services has teamed with Ondot Systems of San Jose, Calif., to provide credit unions with a CO-OP-branded service that enables members to use their smart phones to exercise greater control over their card usage.

WorldPay, which provides electronic payment processing, has contracted to bring the NFC and EMV capabilities of VeriFone's countertop payment products to merchants.

Total Systems Services Inc. on April 25 debuted two services designed to make multi-currency shopping and payments easier for users to understand and execute.

GoPago Inc., a San Francisco-based mobile payment provider last week hired Steve Elefant as its chief strategy officer. Elefant, a senior strategic consultant at Google Inc. for the past year, served as Heartland Payment Systems’ chief information officer until 2011.

Many consumers are worried about having their identity stolen from a social media site, but are including the personal information in their profiles that could lead to identity theft, according to a survey.

Capital One and two of its executives on Wednesday were accused by federal regulators of understating millions of dollars in auto loan losses.

Chirpify, which lets people initiate payments over social media, has secured another $2 million in funding and now counts rappers Lil Wayne and Snoop Dogg as clients.

Debt levels for Canadians rose slightly in the first quarter ended March 31 but the rate of 90-day delinquencies dropped by 13.4% from a year ago to a record low 1.2%, according to a report from Equifax Canada.

PASADENA, Calif. – Wescom CU announced this morning its Wescom Resources Group CUSO is now offering credit unions a new member service and marketing platform that reviews various streams of credit union data to manage and deliver marketing campaigns across multiple online and offline outlets.

Iceland's Supreme Court ordered Valitor hf, the Icelandic partner of MasterCard Inc. and Visa Inc., to process card payments for anti-secrecy website WikiLeaks within 15 days or face daily penalties.