Subprime credit card borrowers are on the move again, opening significantly more new accounts than they did during the recession as lenders ease up on their ultra-tight underwriting standards.

INDIANAPOLIS – Ely Lilly FCU announced this morning it has rolled out mobile banking from mFoundry, which offers native mobile applications, mobile Web and SMS/text banking.

Banks are in danger of having their lunch eaten by non-bank purveyors of new technology like the digital wallet, but there are significant opportunities as well, says Peter Kight.

The biometric security company SmartMetric has secured an additional $1 million in funding from investors.

When Shopkick Inc. this week chose Giftango Corp. as its delivery engine for digital gift cards, it represented a union made in cyberspace.

PORTSMOUTH, N.H. -- Service CU has launched a new point of purchase delivery channel for online shopping that will introduce visitors to products and services in a virtual environment.

The longer it takes for Near Field Communication-equipped mobile phones to become commonplace, the better it could be for one enterprising firm.

RALEIGH, N.C. – Coastal FCU has implemented BlueStrip’s FactFinder application and transaction monitoring solution to ensure the availability and performance of critical business systems including Coastal’s Personal Teller Machine system.

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.