American Express Co. is using its Serve digital wallet in a partnership with the student hub Chegg to allow college students to receive faster payment from selling textbooks.

Bank of the West's mobile app now includes a subtle feature that could have a substantial effect on its customers' payment habits.

Banks are in an ideal position to develop a mobile wallet that could survive in a market that is otherwise "a hodgepodge of various wallets looking to stake a claim in banks' traditional payments industry stronghold," according to a new mobile wallet report from Mercator Advisory Group.

American Express, in naming Edward P. Gilligan as president, rewarded the executive's three-decade career with the company and filled a spot that was vacant since Alfred Kelly left the position in early 2010.

Virtual Piggy Inc., an alternative payment provider for teens, announced three new members to its board of directors.

RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services released a new iPad App for CO-OP Mobile this morning that allows iPad tablet users to connect to their personal account status and history as well as credit-union-hosted web pages for information on rates or services.

Bank of America Merrill Lynch has launched a new user interface for Works, the institution's online program management tool for commercial card clients in the U.S. and Canada.

The Consumer Reports Index, a measure of Americans’ personal financial health, showed that consumers’ lethargic outlook is taking a toll on retail spending.

Less than three years ago, Visa described a financial institution's request to issue EMV-chip cards as "a unique situation" and "not an everyday query." Times have certainly changed.

American Express has promoted Edward P. Gilligan to the role of president, the company announced April 15.

Credit unions received a big splash of free ink from financial advice website NerdWallet.com in its recent "CEO Series on Small Business Lending."

First Tech FCU, the credit union for Microsoft Corp., said it has introduced a new Windows Phone mobile banking application, the first credit union in the U.S. to introduce a native Windows Phone mobile banking app complete with integrated mobile deposit and bill pay functionality.

In an effort to better understand its members and engage in new relationships, the University of Kentucky Federal Credit Union (UKFCU) is in the process of upgrading its online banking portal to handle a wider array of transactions, services and administrative functions.

While Microsoft's Windows 8 was designed to enhance the PC experience with a touch screen and tablet-friendly application, adoption rates have been slow, especially with credit unions.

The ability to effectively interface with busy members on the run has made mobile chat an increasingly popular feature with members of San Diego County Credit Union (SDCCU).

Deere Employees Credit Union has discovered that gaming is not just for kids. In fact, members of all ages are having fun engaging with interactive web and tablet retirement planning applications.

Fiserv has introduced a new mobile app that allows users to call up their account balance in about five seconds with a simple swipe of their finger and without logging into their accounts.

Frankenmuth Credit Union CEO Vickie Schmitzer is continually focused on implementing industry innovations to attract members of all ages, but especially Millenials.

Despite the abundance of portable card readers, the sales pitch is often the same: it's for babysitters, gardeners, flea market sellers and other small merchants. Payleven says the market can be much bigger.

LevelUp's partnership with Chartwells Higher Education Dining Services could expand the mobile payment system's presence in the Midwest, a region that has received less attention from startups than San Francisco and New York.