American Express said it has hired Erich Ringewald, the former chief technology officer of Boku, to be its vice president of software product management.

MoneyGram and Gemalto are working together to allow mobile-phone users to send international money transfers.

Apple may be waiting to bring mobile payments to the masses, but MasterCard is forging ahead. The card network announced this week a software toolkit to help turn any Near Field Communication enabled Android or Blackberry smartphone into a mobile wallet.

OXFORD, Miss. – FNC Inc. announced this morning it was granted a U.S. patent on its Appraisal Score, which allows credit unions and banks to discern compliance, risk, and fraud issues in residential property appraisals and address the problems prior to funding or purchasing a loan.

A group of state attorneys general is investigating how major banks process and sell delinquent credit card accounts.

Demand for consumer credit increased as the overall risk inherent in the credit-using population fell, according to TransUnion.

In the world of plastic cards, if a consumer loses one card, every card linked to that account must be canceled. That isn't the case with mobile wallets.

It may be an ironic twist or wise marketing timing, but the number of Near Field Communication announcements in the payments industry seemingly increased quickly last week after it was revealed that Apple's iPhone 5 would not have an NFC chip.

EAST LANSING, Mich. – Michigan State University FCU partnered with the University’s College of Communication Arts & Sciences and Games for Entertainment and Learning Lab to develop a finance game for iPad, iPhone and iPod touch targeted at university students and other young adults.

Merchant Warehouse, a Boston-based independent sales organization, says its Genius Customer Engagement Platform accepts Apple Passbook, a function the company views as part of a nationwide shift toward mobile payments.

Square announced today that it has closed the Series D financing round that included Starbucks, among other investors.

Ten million households, or one in 12, are unbanked, reports the Federal Deposit Insurance Corporation in its National Survey of Unbanked and Underbanked Households, using 2011 data.

A new partnership between Boom Financial and the World Council of Credit Unions (WOCCU) aims to make it easier for immigrants to send money abroad and to expand CU membership internationally.

PSCU is partnering with Google to make Google Wallet available to credit unions.

During the Harland Connections conference, Credit Union Journal asked attendees what technology initiatives their CUs were planning to implement in the final three months of 2012 or early 2013.

When First Alliance Credit Union determined its chatting capabilities weren't robust enough for member satisfaction, it began looking for ways to improve those capabilities.

The City of Boston CU is looking into how members' relationships translate into profits in the hopes of moving to relationship-based pricing.

Mounting federal regulations along with "normal" security-related trepidations has led COPOCO Community Credit Union to employ Open Systems Technology (OST) services.

Over the course of the last year, twelve California credit unions have worked together with a common goal of reducing certain technology costs.

In an effort to get one step ahead of online threats, PSCU will host its first-ever "Hackathon" Oct. 19 and 20 with the first prize winners receiving a Royal Caribbean cruise.