Apple has over 300 retail stores, but it relies heavily on mobile devices — not just cash registers — to handle payments in its aisles. Intuit's latest update to QuickBooks Point of Sale allows its small-merchant clients to duplicate Apple's model.

Say the words “mobile wallet” in connection with any significant player in the payments industry, and it’s likely to trigger a flood of interest.

Corporations, not consumers, are coming under increasing attack from fraudsters reaping results from a bumper crop of information stolen in a wave of major data breaches within the past two years.

Online-payments provider Braintree Inc. hopes to add international clients to its customer list during the third quarter.

Doxo Inc. steadily has been adding new businesses to its bill-payment website, but the electronic-payments provider figures to accelerate the pace with software that enables consumers to receive and pay bills through their smartphones.

Consumer gloom about the economy appears to be putting a damper on credit card borrowing.

Tyfone's mobile wallet is a some-assembly-required approach to smartphone payments: the bank or credit union provides the software, and the end users can choose to load it with gift cards and a Near Field Communication chip for payments.

JACKSONVILLE, Ark. – Arkansas FCU has contracted with Prime Alliance Solutions to use its prime+ cloud-based mortgage solution, which the company said allows credit unions to consolidate multiple lending platforms.

With mounting pressure on banks to establish their own mobile wallets before nonbank providers overwhelm the market, one financial institution claims to be the first bank to partner with a Google Inc.-funded wallet.

The online payments company Xoom is using Skype's online messaging service to attract new customers. It's a revival of an old idea: When eBay owned Skype, it encouraged PayPal users to send money to relatives overseas during Skype chats.

Tell people that the last time you shopped, you were met with confetti, can-can dancers and a congratulatory David Hasselhoff, and friends likely would suggest you have your head examined.

Square Inc.’s mobile card reader is available at more than 20,000 retail locations nationwide, including Walgreen Co., Staples Inc. and FedEx Office stores, the company announced June 4.

CHICAGO-Credit unions limiting social media strategies to Twitter and Facebook are also limiting their potential, says Brent Dixon, young adult advisor for the Filene Research Institute.

HARRISBURG, Penn.-Pennsylvania State Employees CU is now offering its free FICO score service via mobile banking channels.

Emerging mobile wallets may pose a bigger risk to banks than many realize. Among consumers interested in mobile wallets, 80% would consider PayPal as their primary bank if it offered banking services, and 60% would consider Google, according to survey data from Carlisle & Gallagher Consulting Group.

SAN ANTONIO – Security Service FCU announced this morning it signed with Tyfone for mobile banking services, including core integrated mobile banking, layered mobile security, iCashe mobile wallet and ultimately, in-store payments within the next few quarters.

Sales of homes that were in some stage of foreclosure or bank owned accounted for 26% of all residential sales during the first quarter ended March 31 - up from 22% of all sales in the fourth quarter and up from 25% of all sales in the year-ago period, according to RealtyTrac's U.S. Foreclosure Sales Report. RealtyTrac is an online marketplace for foreclosure properties.

HONOLULU – Aloha Pacific FCU has signed with TRC Interactive to implement the company’s First Line of Defense – Fraud Detection and Loss Prevention Challenge, an online exercise designed to keep staff focused on the latest frauds.

The CEO of ZooZ admits that he wasn't thinking of the prominent Zeus malware, which targets bank accounts, when he named his payments company. But he was absolutely thinking of security.

United Bank & Trust of Ann Arbor, Mich., has expanded its use of PhoneFactor to its business customers to help prevent fraudulent wire or automated clearing house transfers.