A third-party security audit at OSU FCU here found deficiencies in five security-related areas, leading to the internal development of a program here called STOP.

Adding to the growing number of credit unions that are tapping in-house talent for technology initiatives, this month FedChoice FCU launched its own version of a Customer Relationship Management (CRM) software program.

As more and more employees bring their mobile devices to work, IT departments are faced with an ever-changing landscape filled with security and encryption pitfalls.

Case Credit Union has spent the last two years developing what it believes are innovative, technology driven initiatives that will help it to better capture the all-important younger member demographic.

Redstone FCU is not regretting its decision to convert 75% of its personal computers to a virtual desktop solution, despite the fact the company that makes the hardware has shut down.

It's common to accuse the payments industry of living in the past, relying on aging systems like paper checks and magnetic-stripe cards. But the future holds some very intriguing changes — and in many cases, it’s already here.

Flint Mobile announced today that its mobile card-acceptance app is available to on Apple's app store.

SCVNGR's LevelUp is targeting a broader audience for its mobile-payment system by working with the prepaid card marketer NetSpend. The partnership represents new territory for both companies.

Junk food and beer are staples at every sports game, and the KFC Yum! Center in Louisville, Ky., is adding another one: mobile payments with SCVNGR's LevelUp.

In an analysis that tallied 10,000 identity fraud rings in the United States, ID Analytics made a couple of surprising findings — about where the crime is taking place and who's committing it.

The percentage of mortgages more than 90 days late or in foreclosure dropped in the third quarter compared with the previous quarter and year-ago period, according to the Mortgage Bankers Association.

CHARLESTON, W.V. – West Virginia United FCU not only introduced a new moniker yesterday—Element FCU—but a new way of doing business absent the teller windows.

Braintree continues its international expansion, taking its mobile and e-commerce payment processing into Australia.

The torrid pace of innovation in the financial industry, especially in the mobile-payment sector, brings problems as well as opportunity. One of those problems is patent issues.

Wordpress, the world’s most popular Web publishing platform, has begun accepting Bitcoin, an international digital currency and payment system with no central issuing authority.

Total System Services reached an agreement to purchase ProPay, a Lehi, Utah-based payments technology provider.

SAN FRANCISCO – An intellectual property firm that claims the patent on web-based financial transactions has filed patent infringement suits against eight California credit unions over the past week over technology allowing their members to make transactions via their websites.

As more banks offer prepaid cards, some are tying the cards' pricing to other relationships with the bank — a decision that may send the wrong message to the underbanked consumers most likely to use prepaid.

Ingenico SA, a French provider of payment terminals and services, is seeking takeovers to expand outside Europe, said Chief Executive Officer Philippe Lazare.

Groupon, which recently entered the payments market with the introduction of a mobile card reader, promoted Kal Raman to chief operating officer, enlisting the former eBay executive to jump-start growth in suffering overseas operations.