PALO ALTO, Calif.—The World Council of Credit Unions is embarking on a partnership with Boom that aims to expand financial access for un-banked and under-banked consumers around the world. The project attempts to make it easier to transfer funds internationally, in particular for those in cash-only economies.

Fair Isaac has completed its $115-million acquisition of Adeptra, a privately held company that provides technology for reducing fraud and credit risk.

Credit unions using Sharetec Systems' data-processing system now have a simpler way for members to enroll in Dwolla's funds transfer service.

BitPay, an Orlando-based company that helps online merchants accept the digital currency, says more than 1,000 merchants have signed up for its service in the past year.

Online Resources Corp. opened an office in the metro Atlanta area this year to attract the sort of payments-industry talent it says is rarer in Chantilly, Va., where it is based.

Only Apple knows for sure, but there are signs that new iPhone, which many expect Apple to announce at a press event Sept. 12, could revolutionize payments by putting an Apple mobile wallet into consumers' hands.

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.