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.

ST. JOHNSBURY, Vt. -- Northern Lights CU has signed with ShareTec to implement the company’s core processing solution.

Vodafone Group PLC has reached a deal to use smart-chip maker Gemalto NV’s technology to manage a new mobile-phone payment product set for release next year, two people familiar with the plan said.

Mitek Systems is planning on selling the mobile imaging software it already licenses to Progressive — which allows the auto insurer's customers to take pictures of their driver's license and documents — to other parties.

Discover Financial Services and Google may be developing a partnership that would provide a “new way” to use Google Wallet, which today works primarily through Near Field Communication technology and a virtual MasterCard account.

Walmart's senior director of payment services envisions a day without the physical point of sale.

Natural Security SAS has launched a contactless card payment system utilizing biometrics for authentication with its partner banks in France.

As Wright Express Corp. expands internationally and creates new products not solely focused on the freight community, it decided it was appropriate to pick a new name. Wright Express now calls itself WEX Inc.

In recent months, several payments industry players have expanded north into Canada, benefiting from the country's similar financial landscape and largely absent language barrier, but sometimes slowed by differences in regulation and technology.

CINCINNATI – Vantiv, which provides processing services for more than 800 credit unions, said this week it is teaming with Paydiant, a provider of a cloud-based mobile payment and offer redemption platforms to introduce a contactless mobile wallet and payment platform that will enable merchants and financial institutions to quickly deploy mobile payment and ad/offer campaigns for their customers.

WASHINGTON – Agriculture FCU has contracted with Vertifi Software LLC to implement the CUSO’s DeposZip mobile remote deposit capture solution.

OGDEN, Utah – America First CU has signed with Experian to implement the company’s hosted decisioning solution that will help the credit union instantly make credit underwriting decisions on direct and indirect auto loans for new and used vehicles.

As Isis launched its long-awaited mobile wallet test in Salt Lake City and Austin, Texas, many people flocked to try it out — and quickly reported their impressions over Twitter.

A web analytics firm agreed to settle Federal Trade Commission charges that it violated law by using its tracking software to collect personal data without disclosing the extent of the information being collected.

Paul Whitmore was direct and blunt in his assessment of the state of payments in the U.S. when he spoke at this week's Chicago Payments Symposium at the Federal Reserve Bank of Chicago: "I've been sitting here for two days, wondering how did you get yourself into this mess?"

Dwolla now allows users to make payments in batches, a feature designed to elevate the service beyond person-to-person payments and turn it into a viable tool for business.