Australian consumers and businesses would be able to transfer funds between bank accounts almost immediately, instead of waiting up to three days, through a service First Data is developing with Accenture and VocaLink.

FORT WORTH, Texas – American Airlines FCU announced this morning it has signed with MerdianLink to implement the company’s account opening and loan origination solution.

Advanced encryption methods and mobile payment security figure to be major topics when the Payment Card Industry Security Standards Council's participants gather this week.

A Walmart store or CVS Pharmacy may not be the first places that come to mind to make rent payments, but those locations and thousands of others are now part of the mix for paying rent with cash through WilliamPaid.com, a Chicago-based online rental payment website.

Despite the decisions by some of the leading mobile-payment providers to work within the existing infrastructure, investors are concerned that legacy players' operations soon might become obsolete. And VeriFone is serving as their poster child.

ATM operators have long expressed confusion about the migration to EMV chip-card technology in the U.S., since the card brands were focused mainly on point of sale terminals. MasterCard made things far clearer today with its announcement of an October 2016 deadline for a liability shift for ATM operators.

Google will no longer support the Google-branded virtual prepaid card built into Google Wallet as of Oct. 17.

MoneyGram entered an agreement with China Guangfa Bank to provide money-transfer services across mainland China.

BROOKFIELD, Wis. – Fiserv announced this morning it is now offering its credit union and bank customers the ability to instantly issue Visa and MasterCard credit and debit cards.

SF Fire CU is using its online banking system to boost lending, pre-approving members for secured and unsecured loan amounts once per quarter.

Having exhausted warning notices and phone calls from collection agencies, Illinois Tollway officials are taking violators to court to try to recover $300 million in unpaid tolls and fines.

Banks and credit unions that have watched from the sidelines as the likes of Square, PayPal and Intuit built a mobile-payments market from scratch now have their own product to offer — a product merchants can't get off a retail-store shelf or from an independent sales organization.

PreCash, which provides payment services focused on the underbanked, is launching a mobile wallet designed for that audience's unique needs.

Advanced encryption methods, mobile payment security and various other technologies figure to be major topics once again when the Payment Card Industry Security Standards Council's participants meet this week.

Discover is pushing aggressively to be at the heart of many mobile-payments initiatives. It's doing a lot that its rivals are not — but there are a few ways it might lose ground.

Virtual Piggy will integrate its youth payments technology into skateboard brand GoldCoast's e-commerce system.

As ShopKeep POS reviews the results of its recent mobile-wallet test with PayPal, it is rolling out a new iPhone app for merchants that use its tablet-based register system.

MasterCard has acquired Truaxis Inc., a Silicon Valley start-up that crunches payment data to target special offers and discounts from merchants to debit and credit cardholders.

As technology evolves, Square is proving its savvy by making the most of its social-media expertise. It uses Twitter not just as a highlight of CEO Jack Dorsey's resume (Dorsey co-founded the micro-blogging company) but as an effective channel for immediate sales.

FORT WAYNE, Ind. – 3Rivers FCU has signed with LendingQB to implement the company’s Web-based end-to-end loan origination system.