Card-linked marketer edo Interactive is adding investors.

ACI Worldwide has agreed to buy Distra, a payments software provider, for roughly $48.8 million in cash.

American card issuers and acquirers are "dragging their feet" on the transition to the EMV chip card standard, but some companies hope to speed the transition by making a clear business case for the technology.

Apple's decision to leave Near Field Communication payments technology out of its next iPhone might be seen as a huge misstep, as both Microsoft and Google have embraced the technology for their latest phones. It is, of course, also a brilliant move on Apple's part.

Dynamics, a provider of payment cards that can dynamically rewrite their magnetic stripes or smart chips, unveiled another variant of its design this week.

PSCU is partnering with Google to make Google Wallet available to credit unions. The goal is to keep credit unions top of wallet — and top of mind — with members as payment solutions converge.

Verifi, a payments gateway and risk management provider for online merchants, intends to reduce the friendly-fraud chargebacks these merchants face by using Jumio's payment card scanning technology.

The major banks have already committed to e-payment systems like clearXchange and Fiserv's Popmoney, but that doesn’t matter to PaidThx — its system does not rely on bank participation, and will eventually be marketed to the underbanked.

ALISON VIEJO, Calif. – Patriots FCU has contracted with EPL to convert to the CUSO’s i-POWER Technology suite.

HOUSTON -- People’s Trust FCU has selected CO-OP Financial Services for network and payment processing services, including access to CO-OP Network and in-house credit card transaction processing.

SACRAMENTO, Calif. – C.A.H.P. CU has gone live with Integrated Media Management’s Document Exchange for Web contracting and electronic signature services.

The Near Field Communication chip used in many mobile wallets was conspicuous by its absence during Apple Inc.'s unveiling of the iPhone 5.

Loomis Armored U.S. is now an armored courier service provider for Fifth Third Bank's currency processing.

Billhighway, a 13-year-old Troy, Mich.-based firm that offers accounting, cash management and payment processing to nonprofit firms, plans to join the fray with a mobile payment option of its own.

ShopKeep POS, a small independent sales organization, is capturing the attention of companies big and small. Earlier this month, it worked with PayPal to test a mobile-payment system, and today it announced plans with Dwolla and SCVNGR's LevelUp.

The traditional payment terminal's future took another hit this week with ShopKeep POS announcing plans to integrate Dwolla and LevelUp mobile payments into its iPad-based checkout system.

Louisiana is owed nearly $1.4 billion. The state's Cash Management Review Board will meet Friday to discuss collection options.

To develop a successful mobile wallet, many agree industry collaboration is necessary. But how much collaboration is too much?

DANVILE, Penn. – Service 1st FCU has signed with Geezeo to implement the company’s white label personal financial management and engagement banking solution.

ORLANDO, Fla. – Insight CU has rolled out remote deposit capture by Cachet Financial Services and FI-MOBILE.