A California man who worked with bogus collectors in India agreed to settle FTC charges that he and his companies deceived and threatened consumers.

Barnes & Noble has informed federal law enforcement authorities that "a sophisticated criminal effort" has potentially exposed customers' credit and debit card information to hackers who tampered with PIN pad devices at 63 of its stores.

Visa chief executive Joseph Saunders is retiring on November 1, the world’s largest payments network said today.

Square, which has been promising to expand internationally since it received a $25 million investment from Starbucks, said today it is making its mobile-pay product available in Canada.

The processor Total System Services Inc. has been through lot in its nearly three decades of existence, but nothing compares to the state of the payments industry today.

If banks want to be in the forefront of future mobile payments, or at least capable players, they must first understand mobile person-to-person payments and offer that service to customers.

Stepping into two unusual places, the eGifting space and the online greeting card market, BillMyParents designed a patent-pending virtual greeting card that multiple users can sign and attach money to.

ATLANTA -- Delta Community CU has purchased WhereScape RED to develop an enterprise data warehouse running the Teradata database on a Teradata Data Warehouse Appliance.

WINSTON-SALEM, N.C. – Truliant FCU has implement Caringo’s CAStor object storage software for the long-term storage of business-critical files including call center audio, video, check images, ATM receipts and email archives.

Before there were phones built with near-field communication chips for payments, companies designed stickers, sleeves and memory cards to bridge the technology gap. Even as momentum builds for NFC-equipped phones, these companies say there is still an audience for add-on payment tech.

A significant consumer shift away from traditional banking tasks is already unfolding among early mobile-pay adopters and the underbanked.

After months of testing a method by which ATMs can dispense prepaid cards, Better ATM Services is rolling out the service to all of its clients.

MISSOULA, Mont. – Missoula FCU has teamed with CO-OP Financial Services to introduce Diebold’s version of the video teller, an ATM that allows members to communicate directly with a call center rep any time of the day or night.

Square, which plans to double its workforce by the end of next year, is moving its headquarters to San Francisco’s Central Market neighborhood, joining an expanding group of technology companies in the area.

Visa, delivering on its promise of greater issuer support for its V.me digital wallet, announced U.S. Bank as its latest partner.

SAN DIEGO – San Diego County CU is the first credit union to offer live mobile chat services for its members using iPhones and Android smartphones, the credit union giant announced this morning.

MESA, Ariz. – Better ATM Services, which has been testing an ATM-dispensed Visa prepaid card program at three local credit unions since January, said this morning it is taking the program nationwide.

In a payments industry in which traditional players fear less cooperation as competition heats up, the Federal Reserve Banks say they stand ready to work with anyone and everyone in the payments ecosystem.

Total System Systems, or TSYS, is reselling a new loyalty scheme that uses consumer-behavior data to shape individualized rewards.

Visa and Chexar Networks are testing a mobile application that allows prepaid card users from multiple issuers to remotely deposit checks to their Visa prepaid accounts.