Citigroup is doing away with its cobranded ExxonMobil MasterCard and on Aug. 31 will introduce a new private-label gas card whose name, the ExxonMobil Smart Card, could be a bit misleading to payments-industry insiders in that it is not an EMV chip-card.

Experian/Moody's Analytics Small Business Credit Index edged up by less than one point in the second quarter, the third consecutive quarterly improvement after falling over much of 2011.

As social media becomes a more important part of its marketing strategy, JPMorgan Chase lining up partnerships in the hopes of getting its upscale credit card users communicating more online.

A free video series explaining financial statements and how to analyze them is available from The Kaplan Group through a link on the company's Web site.

GoPago's sales pitch is meant to make terminal manufacturers and independent sales organizations cringe: it is offering free hardware to support a cloud-based mobile payments system to small merchants, with no wiggle room on transaction fee pricing.

Companies establishing virtual currencies may not capture the imagination of consumers right away, but their technologies should catch the attention of traditional debit card issuers.

Across the industry, the formation of new credit problems has fallen to pre-recession levels. At some banks, however, assets have continued to sour at a troubling pace, according to second-quarter reports.

ViVOtech has sold its ViVOpay payment-hardware business, the company said Monday in a notice on its website.

FORT WORTH, Texas – American Airlines FCU has introduced its own version of mobile deposits called CUAcce$$.

No one affiliated with the Isis mobile payment initiative is saying exactly when the first testing in Salt Lake City and Austin, Texas will begin, but the venture is steadily tying its remaining loose ends.

When people can easily book appointments with small merchants, they don't always show up — and this practice has sparked demand for a system that also accepts deposits, so that merchants can be compensated for no-shows. That same technology can make it easier for companies to accept payments through Facebook pages.

The Minnesota Department of Commerce has expanded its criminal background check requirements for debt collectors, effective Aug. 1.

The Internal Revenue Service estimates that ID thieves who filed fraudulent tax returns pocketed more than $5 million last year and could steal up to $21 billion over the next five years, Treasury Department investigators reported last week.

A purported holder of a patent on mobile and ATM deposits filed suit against San Diego County CU last week, claiming the credit union's use of the technology is infringing on its patents.

Dean Seifert, SVP of product development and innovation at Vantiv, shared 10 important steps credit unions should consider to maintain, grow and protect their payments business.

Authentication technology provider Natural Security SAS is preparing a global launch of its secure payment card system based on contactless smart card and biometrics technology.

SAN FRANCISCO – San Francisco FCU and Geezeo will launch a new, free product for credit union members: a personal financial management tool called “The Big Picture” on August 21.

TOLEDO, Ohio – Directions CU has sighed with Andera to implement the company’s oFlows for account opening and lending.

Google added a virtual card option to its mobile wallet this month, and it's far from the first company to realize that virtual accounts can work where conventional cards just don't cut it.

Prepaid provider NetSpend is muscling in on rival Green Dot.