Ontario Systems’ Board of Directors has elected Ron Fauquher as its new CEO, effective immediately. He replaces Tony Reisz, who will be leading a different organization in the insurance industry.

Credit bureau Equifax has developed a service to help payment processors meet merchant validation requirements for new tax reporting obligations that went into effect this year.

Manilla, which allows consumers to manage bills and subscriptions from an online hub, has an indirect connection to the payments world, but its most recent financial-institution partnership strengthens its relevance to the industry.

GRAND RAPIDS, Mich. – CU*Answers said credit union members will be able to print loan coupons themselves from It’s Me 247, the CUSO’s online banking platform being introduced next month.

PHILADELPHIA – Sb1 FCU has signed with Vertifi Software LLC to implement the CUSO’s DeposZip mobile remote deposit capture solution.

Consumer spending climbed ahead of forecasts in September, which may help the U.S. overcome a stall in business investment and exports as global growth eases and concerns mount about the so-called fiscal cliff.

Parkmobile USA Inc. is making payment for metered parking spaces less expensive for its members in Washington, D.C. with a Parkmobile Wallet option for aggregating credit or debit card transactions.

ESCANABA, Mich. – Delta County CU has agreed with eDOC Innovations to implement the company’s CheckLogic suite of mobile share draft & item processing solution solutions.

Barnes & Noble was sued by a Chicago-area consumer over the possible illicit capture of her debit card PIN and those of other customers in Illinois and eight other U.S. states.

Group of merchants who accept the digital currency Bitcoin are planning their own Black Friday ahead of the holiday shopping season.

HUNTSVILLE, Ala. – Redstone FCU announced today it is replacing 760 of its personal computers with Pano Logic’s zero client “in the cloud” virtual desktop devices.

BBVA will launch a trial of the V.me digital wallet with Visa Europe next month, making it the latest bank to support Visa’s digital wallet and the first in Spain to do so.

European parking lot company Q-Park will begin offering consumers the ability to pay for parking with devices that adhere to the EMV payment standard.

eBay Inc. announced the layoff of approximately 325 employees in its PayPal unit, confirming previous reports that cuts were coming as part of the reorganization of PayPal’s product development group.

Security services firm ControlScan has partnered with payment processor Allifide Merchant Group to provide small and medium-sized businesses compliance services for Payment Card Industry security standards.

An estimated 387,000 credit cards and 3.6 million Social Security numbers have been exposed after the breach of a server holding taxpayer and card information for South Carolina residents.

Tower FCU has used an employee event to introduce its mobile banking offerings to employees, and that in turn has translated to high mobile adoption rates among members.

Banks in the path of Hurricane Sandy braced Sunday for the storm's arrival, while making plans to help their operations weather it without interruption.

Tim Murphy, chief product officer at MasterCard Inc., spoke to PaymentsSource about why the industry needs the EMV standard, as well as the various challenges facing his company as the payments ecosystem moves into a new, technology-driven era.

Payment processing technology provider SecureNet has launched an instant merchant account boarding software that allows the merchant to begin accepting payments immediately, rather than endure a two-day wait.