With newcomers like Square gaining momentum in mobile payments, processors are more aggressively offering customers reasons to stick with them as merchants accept more payments outside their retail stores.

Some the nation’s leading merchants announced today the formation of the Merchant Customer Exchange, or MCX, a new mobile-commerce company that will support paying at the register with customizable offers.

Some recent advances in ATM technology are a clear benefit to independent, nonbank deployers — but others seem likely to cause more trouble than they're worth.

When crunching the numbers, it appears Square can't possibly make a profit in its new deal to process transactions for Starbucks.

As many as 8 million consumers using online banking from Online Resources Corp. could soon have access to merchant-funded rewards from Truaxis Inc.

Bank of America announced the nationwide launch of its online rewards system, BankAmeriDeals. The system allows consumers to select deals online or through a mobile app and then redeem those offers by spending with a credit or debit card.

Consumers continue to take their credit card borrowing more seriously. The ratio of credit cardholders 90 or more days past due on their payments continues to drop even as issuers are extending credit to higher-risk customers, according to TransUnion.

Total System Services is taking a different approach to sales by forming a joint venture with Central Payment Co.

Credit card asset-backed securities likely will remain stable for the foreseeable future because card charge-offs and delinquencies are at historic lows, consumer bankruptcies keep falling and consumer balance sheets are getting healthier, according to Standard & Poor's Ratings Services.

A bank in Vietnam claims it has tripled its account base since it began offering cards with biometric fingerprint technology in June to the country's unbanked residents.

Wells Fargo's customers have opted to receive digital versions of their ATM receipts 100 million times since the bank introduced the feature two years ago.

JPMorgan Chase is now offering mobile banking and payments features to users of its prepaid card, Liquid.

Smartphones will drive digital commerce, which in turn will increase transactions over the next five years and drive more than $730 billion worth of purchases online and in stores, according to a report from Juniper Research.

VeriFone is supplying retailer Beall's with customer-facing point-of-sale devices that feature color displays and the capacity to adapt to changes in payments.

Google Inc. agreed to pay a record $22.5 million penalty to settle FTC charges that it violated an earlier privacy settlement between the company and the FTC.

A penny per transaction may be enough to cover issuers' costs of preventing credit and debit fraud now, but that math could change if fraud incidents spike.

The Children's Online Privacy Protection Act (COPPA) adds burdens for any company that works with minors online, but it also adds opportunities for payment companies, which already vet their users extensively.

BROOMALL, Penn. – Franklin Mint FCU signed with Geezeo to implement the company’s white label personal financial management and engagement banking solution.

Sites like Groupon have captured consumers' attention and loyalty in a way that credit card issuers often dream of. A few savvy payments companies have found ways to benefit from the daily-deals fad.

Mexican bank Banamex this week launched the initial phase of the first major countrywide contactless-payment rollout that includes the issuance of 100,000 contactless credit and debit MasterCards and the deployment of several thousand terminals to 1,900 merchants in Mexico City.