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.

As we transact, we give life to the inner "rock star" or "accountant" in us, says Brett King, chief executive of mobile finance start-up Movenbank.

Trying to figure out Apple's intentions with mobile payments based on the technology giant's patent approvals is akin to assembling Ikea furniture without instructions. Some parts clearly fit, others not so much.

Merchant acquirers and tech companies are collaborating on mobile payments issues in a new group formed by the Electronic Transactions Association.

Transaction processor Vantiv plans to offer its new Mobile Accept card reader to help brick-and-mortar merchants handle payments outside their stores — without paying more than they do for in-store payments.

CENTRAL FALLS, R.I. – Dexter CU has signed with Andera to implement the company’s oFlows platform for account opening and lending.

Google has changed the rules about how issuers get into its mobile wallet, and American Express is the first to vocally and vehemently oppose Google's new setup. The outcome of this dispute could decide who controls transaction data in mobile payments.

Until recently, the acquiring industry viewed Google and other high-tech firms as interlopers in the payments business. Now, acquirers are courting those very companies as potential business partners.

The use of mobile applications to help consumers pay for parking is growing, with three companies recently announcing expansions and new technology.

ST. JOSEPH, Mich. – United FCU has signed with TRC Interactive for the company’s Web-based training through its CreditUnionTrainingOnline.

FALMOUTH, Maine – Cumberland County CU has signed with eDOC Innovations to implement the company’s ProDOC Packages, an e-document workflow solution.

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.