WATERLOO, Iowa- -- Veridian CU, one of the financial backers of Dwolla, announced this morning it has introduced the start-up payments company’s FiSync money transfers for its members.

FONU2 Inc. is gearing up to launch a prepaid debit card consumers worldwide may use to pay for local services and goods using a Facebook application on their computers or mobile phones when the company rolls out its online buying-and-selling website.

A proposal by regulators to revamp the way banks must measure risk on certain assets is alarming many community bankers, who argue it will raise capital requirements, increase compliance costs and curb lending.

Experian announced its Extended View score at the 7th Annual Underbanked Financial Services Forum this week in San Francisco. It is designed to assess the creditworthiness of consumers with little or no traditional credit history, often referred to as underbanked or underserved consumers.

It may not jolt faster acceptance of Near Field Communication-based payments at the point of sale, but the introduction of other NFC capabilities should at least increase merchant and consumer interest in the technology.

SAN FRANCISCO -- Better Branches Technology has rolled out a mobile indicator that tells members over their smartphones the real-time lobby wait times before they go to the branch so they can better plan their visits.

SAN FRANCISCO–What's the role of banks in the new mobile-payments model?

SAN JOSE, Calif. – Patelco CU said this morning it signed with ThreatMetrix to add the company’s online fraud and malware defense.

ANCHORAGE, Alaska – Denali Alaskan FCU has installed Silver Peak Systems’ Virtual Acceleration Open Architecture software, which has been tested and qualified with Dell EqualLogic replication.

EL PASO, Texas – GECU is requiring its online banking users to change their online account passwords to meet federal requirements.

MONETT, Mo. – Jack Henry & Associates is launching a commercial banking app for Apple’s iPad.

Couch potatoes around the U.S. may like what they are hearing from PayPal Inc. regarding the alternative payments company’s latest venture–paying for products from a PayPal account as they are advertised on television.

SAN FRANCISCO–Cash isn't just some crude means used by the unbanked; affluent bank customers use it as well. To encourage spending among banked consumers, PayPal Inc. is expanding the ways consumers can fund their accounts with bills and coins.

PROVIDENCE, R.I. -- Andera, Inc. this morning unveiled its next-generation oFlows Platform it claims is the first system that eliminates all paper documents from the account opening processes at credit unions and banks

Bethpage (N.Y.) Federal Credit Union says an employee accidentally exposed personal information from 86,000 of its members’ Visa debit card accounts on the Internet, the issuer announced June 12.

Though last week’s announced breach of 6.5 million LinkedIn Corp. passwords may not have sent immediate shockwaves through the payments industry, data-security vendors warn that cybercrooks tend to have payment card and personal data targets in mind once they steal social network passwords.

BROOKFIELD, Wis. – Fiserv announced the roll-out of Central Source Capture, a web-based, end-to-end check capture and processing solution.

Apple Inc.'s failure to include a mobile-payments play in its latest batch of new technology has reignited the discussion of whether Near Field Communication's role in developing a mobile-payments ecosystem has been overhyped.

Taking advantage of the growing popularity of smartphones on college campuses, The CBORD Group now wants to help students do their laundry.

Using someone’s characteristics or traits as an authentication tool has long been a successful method for screening access to highly secure government or corporate locations. But could the use of similar biometrics, considered by many to be a nearly fool-proof security method, ever find a significant–and lasting–presence in the payments industry?