What did mobile wallets look like before Apple and its peers invented the consumer smartphone market and launched App Stores to distribute systems like Passbook, Isis and Google Wallet?

Payments associations and organizations applauded Visa Inc.'s Feb. 4 move to address one of the most nagging EMV smart-card migration issues in the U.S., but they are not ready to say all their problems have been solved.

Amazon.com Inc. today announced plans for Amazon Coins, a virtual currency for its Kindle Fire tablet.

Facebook is further dipping its toe into physical payments and launching a new, branded gift card for its users. The closed-loop card is redeemable at several national retailers.

VeriFone Systems Inc. said Chief Executive Officer Douglas Bergeron’s trading was the subject of inquiries by the U.S. Attorney and Securities and Exchange Commission, which ended their probes without action.

TransUnion's quarterly analysis of Canadian credit trends found that the average consumer's total debt (excluding mortgage) increased nearly 6% from $25,960 at the end of 2011 to $27,485 in Q4 2012.

Loss mitigation strategies for the payments business are getting a technology makeover that includes the same kind of emerging analysis used to attract consumers in the first place.

Quick-response (QR) codes, the increasingly common square bar codes used in advertising and mobile payments, are stepping into new territory as a tool for bill payment.

PLEASANTON, Calif. – 1st United Services CU has signed with Vertifi Software LLC to offer its popular DeposZip Mobile remote deposit capture (RDC) service to members.

To give banks a competitive edge over companies like PayPal, Apple and Google Wallet, two-year-old Sionic Mobile released its mobile commerce platform to financial institutions today.

MasterCard Inc. is working with The Center for Financial Inclusion at Accion to launch a research initiative, Mapping the Invisible Market, with an interactive website as part of the Financial Inclusion 2020 initiative.

VeriFone announced Monday the appointment of a new chief financial officer. Marc E. Rothman, a former chief financial officer at Motorola, is becoming an executive vice president at VeriFone and its CFO. He will succeed Robert Dykes, 63, who will retire from his post at the end of the month.

Visa Inc. contravened Australia's consumer protection laws by preventing buyers from using a currency of their choice when shopping, the country's competition regulator said.

Visa Inc. says its EMV chip technology will be available to create a common code for debit transactions to allow merchants to choose networks as mandated by federal law — a move that could address a key obstacle in the U.S.

Gallup's self-reported consumer spending measure showed encouraging signs in January, with consumers reporting daily spending averages similar to December's four-year high.

The prepaid card provider Plastyc Inc. has added a mobile remote deposit capture feature that provides instant access to funds.

As Loylogic traverses the world looking for more than just a single partner for its rewards redemption app, it's attempting to sweeten the user experience by reducing the amount of navigation needed at the point of sale.

The operator of the Path social networking app has agreed to settle charges that it deceived users by collecting personal information from mobile device address books without consumers' knowledge and consent.

OAKLAND, Calif. – Chevron FCU has installed MobileNow, a mobile device management system provided by AppSense designed to manage a diverse set of employees using multiple devices.

ORLANDO, Fla. – Fairwinds CU has signed with Vertifi Software LLC to offer the CUSO’s DeposZip Mobile remote deposit capture (RDC) service to members.