Access to a cloud-based security system that banks can use to protect Automated Clearing House transactions and online banking has moved to mobile devices.

Internet connectivity has become an imperative for U.S. small businesses, yet most companies lack formal policies for Internet security and even fewer have contingency plans in the event of a security breach that could expose payment-card and other data.

The type of complaints shows that student loans have some of the same problems that have plagued the mortgage industry.

VeriFone announced Monday that it's sending its Square-competing mobile payment platform, Sail, overseas as a part of a pact with Israeli card issuer and acquirer Isracard.

The Pennsylvania Higher Education Assistance Agency, created to extend loans for education, is going after millions of dollars from delinquent student borrowers.

NCR announced Monday that Indianapolis-based Salin Bank has chosen to install its video ATMs at its bank branches and drive-throughs.

Bank of America is offering a service that makes it possible for travelers to retrieve their chip-and-PIN card's forgotten PIN without calling a customer service representative or waiting for a mailed response.

PayPal's embrace of independent sales organizations could signal a trend among the payment industry's new players — but not necessarily right away.

As financial institutions increasingly create specialized credit and debit cards and merchants continue to push loyalty cards, the overwhelming abundance of plastic could create a greater need for a mobile wallet than any other consumer incentive.

WASHINGTON – Attacks on U.S. banks may have officially reached cyberwar status, as the U.S. Defense Secretary is issuing a warning.

Committees serving an independent organization seeking to help the U.S. payments industry prepare for its conversion to EMV smartcard and contactless technology have begun examining key aspects of the transition.

The upscale frozen dessert franchise, Pinkberry, is throwing out its paper punch card for the plastic Pinkcard, a loyalty card tied to the yogurt shop’s mobile app.

If it seems like credit unions are struggling to effectively leverage social media, at least they're in good company, there are plenty of other industries still searching for ways to build their own social media business case.

The U.S. migration to the EMV secure chip-card standard has been so slow that some have compared it to the country's adoption of the metric system. But after years of delays, the mobile-wallet craze changed the rules.

Visa began offering its V.me digital wallet this week with PNC, the first of more than a dozen bank partners it has lined up.

PayPal is cutting as many as 400 jobs, or about 3 percent of the workforce, an effort by President David Marcus to reorganize the payment processor and trim costs, a person with knowledge of the plans said.

SAN ANTONIO – River City FCU has introduced a bilingual mobile banking app, rcitymobile, which offers service in English and Spanish and is available in both the Apple Apps Store and Google’s Play store.

More financial institutions are working to issue EMV chip cards while merchants are dropping bills to install the proper terminals before certain liability-shift deadlines arrive. But as this transition finally reaches consumers, some may adopt habits that negate the benefits the EMV standard provides.

Many third-party mobile payment providers, such as Google and Isis, are seeking bank partners for their mobile wallets. Should banks agree to their terms or go it alone?

In the grand scheme of mobile payment readiness and adoption globally, Japan has always been at or near the top of industry measuring sticks. Now one of Japan’s mobile communication giants is partnering with MasterCard Inc. to expand contactless payments worldwide starting in 2013.