A France-based firm that certifies handsets for Near Field Communication payment applications is betting heavily on the technology becoming the dominant mobile-payment standard.

Square Inc. appears to have international growth on its agenda.

Credit card debt nationally fell 8% to $5,576 since the beginning of the year, according to CreditKarma.com's U.S. Credit Score Climate Report for June.

If crooks find it too difficult to penetrate fraud-prevention layers protecting online merchants, corporations or bank accounts, they revert to “old-fashioned” fraud methods aimed at easier targets.

For bypassing the privacy settings of millions of Apple users, Google might be fined a record $22.5 million, the largest ever from the Federal Trade Commission.

Banks should consider developing their own mobile wallets before mobile-network operators or other nonbank wallet developers lock down the technology and garner most of the consumer attention, analysts and financial advisors generally agree.

If crooks find it too difficult to penetrate fraud-prevention layers protecting online merchants, corporations or bank accounts, they revert to “old-fashioned” fraud methods aimed at easier targets.

LINDEN, N.J. – Integrated Media Management yesterday said users of its TotaleAtlasWeb automation technology can now offer electronic signatures using Adobe’s EchoSign.

Architects of the emerging mobile-payments industry may not have bargained on potentially significant regulations some legal experts are envisioning for it.

Paydiant has closed a $12 million round of funding led by Stage 1 Ventures, the provider of a cloud-based, white-label mobile payment and offer-redemption platform for retailers, banks and payment processors announced July 10.

From a historical perspective, payments industry observers know a few things about Apple Inc. It’s not knowing the company’s future plans that have them edgy.

An Oklahoma City law firm paid $600,000 to settle a lawsuit filed by the Federal Deposit Insurance Corporation, according to U.S. District Court records.

It might not be fair to describe the mobile-payment initiatives in Europe as taking on a “monkey-see, monkey-do” mentality because, after all, competing projects are announced on a regular basis in the U.S. as well.

If a Qualified Security Assessor tests–and passes–a business for payments security compliance, that business may feel it could rest on its laurels.

A federal appeals court late last week allowed a lawsuit by Patco Construction, a Maine-based firm, against Ocean Bank, to proceed, though it suggested the two parties settle out of court.

Balance is a term we frequently hear to describe something worth achieving: work/life balance, a balanced diet, balance of power, a balanced budget. Right now the financial industry is seeking balance, particularly when it comes to risk.

A small legal case in Southern Maine could spell big trouble for banks, particularly because it suggests that even strong electronic security doesn't necessarily build a shield large enough to keep either crooks or plaintiffs away.

PLANO, Texas – InTouch CU and six banks have agreed to settle a patent infringement case over the process for authenticating an identity at a website in exchange for a license to use the technology, the parties announced this morning.

At first, Google seemed to have all of the necessary ingredients for a mobile wallet and Isis had the uphill climb of convincing banks to agree to a system designed by a group of telcos. Isis now has several top banks firmly behind it, but it faces many challenges as well.

ATM industry players are reluctant to embrace the EMV secure card standard, according to a survey from the ATM Industry Association.