As Google expands its mobile wallet to more phones and, with yesterday's update, potentially more banks, consumers have more opportunities to try it — and to encounter its limitations.

DALEVILLE, Ala. – Army Aviation Center FCU is one of the first clients of Banno, formerly known as T8 Webware, to go live with the company’s a responsive design format, enabling the site to adjust for online, mobile and tablet users.

A fresh update to Google's mobile wallet allows users to make payments from any credit or debit card, a move that fundamentally changes the company's approach to working with issuing banks.

Payments security providers and mobile card reader vendors alike will watch with much interest from the sidelines as iZettle AB tries to resolve its restrictions from Visa Europe for processing Visa transactions in the company's core market.

Starting today, the mobile payments company iZettle is saddled with a major restriction in not being able to accept Visa transactions in parts of Europe. Its problem serves as an example to rivals in the U.S. and overseas.

Household purchases, which account for 70% of the economy, were unchanged last month after a 0.1% decline in May, according to a Commerce Department report released Tuesday.

U.S. payment-card industry rivals have decided to come together, at least for a few days, to better navigate the gargantuan task of migrating to the modern EMV chip-card standard by 2015.

Many small-business owners don't understand social media, and American Express Co. is making increasing efforts to instruct them in the best uses of such sites. A focus of Amex’s efforts is its forum on LinkedIn, where bird-supply vendor Mitch Rezman participates.

California Attorney General Kamala D. Harris has created a new Privacy Enforcement and Protection Unit within her office to "hold accountable those who misuse technology and invade the privacy of others."

A legal settlement announced Monday bars Accretive Health Inc., a Chicago-based medical revenue company, from doing business in Minnesota for six years after the state's Attorney General Lori Swanson accused the firm of intrusive efforts to collect money from patients in several hospitals.

Record transaction processing and growth in the company's noncard businesses helped merchant processor Heartland Payment Systems generate a 44% second-quarter lift to its profits.

Juan Benitez, the new chief technology officer of Braintree Inc., expects to play a key role in the continued growth of the online and mobile payments provider.

The prepaid card segment of Western Union Holdings Inc. was busy this month. The company's core business remains the transfer and reception of funds, but that is not a daily activity for most consumers.

Fiserv is adding a host of mobile tools to its UChoose Rewards bankcard loyalty program, starting with a mobile app that lets customers redeem their rewards points on the spot in stores.

Borrowers who owe more than their properties are worth continue to struggle to pay off debts incurred during the real estate bubble as buildings’ values have plummeted as much as 37% from 2007 peaks.

A federal court found a check creation and delivery business and its operators in contempt for violating a court order barring them from creating and e-mailing checks for consumers without verifying users' identities or authority to draw funds on the financial accounts, leaving unsuspecting consumers' financial accounts vulnerable to fraud.

The shift to EMV chip-card technology over the next few years could trigger other organizational problems for U.S. banks and merchants.

The Olympics and other attractions are not just proving grounds for athletes — stadiums, amusement parks and concert halls provide the perfect conditions to test new payment technologies.

With payments players studying closely every move Apple Inc. makes, reports out July 27 that the computer giant will buy biometrics developer AuthenTec Inc. sparked speculation about the potential payments capabilities of the iPhone 5.

The Federal Trade Commission said that the "cramming" of unauthorized charges on wireless phone bills poses a serious problem for consumers, and that wireless providers should be required to give consumers the option to block all third-party charges from their bills.