PayPal, facing a growing tide of consumer complaints, is changing its approach to fraud monitoring. But the eBay unit has provided few details of its plans, leading some to wonder whether it will be able to appease the consumers that say they've been wrongfully ensnared in its fraud-fighting net.

Fannie Mae and Freddie Mac completed more than 134,000 foreclosure prevention actions in the third quarter ended Sept. 30.

Walt Disney Co. is about to distribute "MagicBands," high-tech wristbands that allow Disney World parkgoers to make payments and skip longer lines. Hersheypark tried a similar idea last year, and the results were far from magical.

The challenge for institutions to create fraud preventive procedures, controls and regulations is ongoing as creative fraudsters regularly invent new methods.

BURBANK, Calif. – Partners FCU has joined with CU Realty Services LLC to use the CUSO’s turnkey, Web-based active lead channel.

Dwolla announced Jan. 22 that it's working with the Iowa state government to accept official payments.

Citibank India announced the launch of a mobile and tablet card reading device today developed by Ezetap Mobile Solutions.

While the rest of the industry focuses on technology to replace cash, PayNearMe knows many people still use cash and wants to help these consumers make online payments easier with its new PayNearMe Express service.

Amazon.com Inc. has added an in-app purchasing feature for games and other programs developed for the Web, Mac and PC.

Seth Priebatsch, the 24-year-old founder and head of the mobile payment system LevelUp, has made his company a serious player in the emerging payments market — yet he also sports the less-than-serious job title of "chief ninja." The nickname, he explains, has much to do with his approach to running a business.

HSBC Holdings on Monday named a former auditor of the bank as its new head of global regulatory compliance, the latest move by the bank to bolster its compliance functions.

Fiserv Inc. has stuck to the same philosophy it had when it formed the EFT Solutions Risk Office three years ago: card-data security isn't an arms race - it's a battle of wits.

Mozido LLC added two experienced mobile payments executives to help it expand within the U.S. as well as globally, with a focus on the unbanked and underbanked.

Attendees at the recent Consumer Electronics Show in Las Vegas had more than a look at a new ATM that syncs with smartphones; they likely glimpsed the next wave of ATM technology, experts are saying.

How big a game-changer is new technology that syncs a smartphone with an ATM? As big a breakthrough as iTunes and Apple PCs, according to several people.

Core banking provider Fiserv's purchase of competitor Open Solutions allows Fiserv to grow its client base by giving it access to Open Solutions' 800 core account processing relationships and its real-time core processing platform, DNA.

Credit unions far and wide and of all asset sizes have found themselves tangled in patent infringement lawsuits that allege the defendant CU has not paid a licensing fee in order to use certain technologies.

As credit unions race to keep pace with evolving technologies, few are prepared for a hidden danger of staying current: being named as defendants in patent infringement lawsuits alleging illegal use of those technologies.

A new study from SYNERGISTICS Research finds that four in ten Internet households already have some form of tablet device, and one-third of those report that they use those machines for online banking.

Gesa Credit Union has signed on as one of the first financial institutions in the nation to use Acculynk's Payzura, a secured person-to-person (P2P) payment solution that provides members with the ability to transfer funds via an e-mail address or mobile phone number.