More merchants are ignoring high card-not-present fraud rates to pursue untapped international markets for online sales.

COLORADO SPRINGS, Colo. – Aventa CU has selected Connect Financial Software Solutions for its consumer suite of Internet Banking, Mobile, Online Account Opening, and the company’s partnership offering of personal financial management tools delivered by MoneyDesktop.

Accepting payments on the go is taxing enough without having to worry about the government's cut. To address this pain point, Intuit added a geolocation feature to its GoPayment mobile card reader to determine where a payment is being accepted and apply the appropriate tax rate.

U.S. Bank's cobranded credit card smartphone app, which allows consumers to apply for credit cards in retail stores without filling out a paper application, is now available for Android handsets.

The Payment Card Industry Security Standards Council is starting its special interest group process a month earlier this year to give participants more time to consider new areas to cover under the PCI standard.

Wells Fargo is launching a person-to-person payment system based on the clearXchange service formed last year by a group of major banks.

A regional credit union in Florida burned a few years ago by high counterfeit card losses says it has cut its actual losses to one-third what they were before deploying a fraud-prevention service earlier this year.

Payments innovations frequently seem to come about from situations where people worry they might not have enough cash on hand for a tip. Years ago, taxis added card readers in part to address this issue, and today, parking valets are experimenting with something similar.

The online bill payment company Manilla says it has delivered more than 2 million statements since its February launch. It allows issuers such as Citi to place dynamic ads on digital statements.

Mobile payment development may be held back by the unnecessary confusion surrounding mobile wallet security and standards, according to a top MasterCard executive.

Target has once again proven to be a breeding ground for payment innovation. The retail giant, which gave an early boost to the Starbucks mobile payment app and the American Express low-fee prepaid card, has given shopkick the go-ahead for a nationwide rollout of the vendor's mobile rewards system at its stores.

U.S. Bancorp is using technology from Fiserv to offer an iPad banking app with a heavy focus on payments.

Prepaid card users may have smaller incomes than mainstream bank customers, but they deposit larger checks and they demand their funds in real time, making mobile check capture a riskier proposition for this audience.

With no clear picture of what will constitute a Consumer Financial Protection Bureau audit, ACA International and DBA International are teaching members about best practices under the Fair Debt Collections Practices Act, which both associations say provide the best existing guidelines for meeting CFPB compliance. The CFPB is expected to clarify its guidelines for audits July 21.

GREENSBURG, Penn. – Westmoreland Community FCU has signed with Geezeo to provide the company’s white label personal financial management and engagement banking platform to its members.

SUPERIOR, Wis. – Superior Choice CU has begun sending its members branded electronic newsletters provided by IMN to alert them about news and encourage members to take advantage of timely financial products, such as loan and savings programs.

PAWTUCKET, R.I. – Pawtucket CU has selected Q2eBanking’s suite of electronic banking solutions.

SAN ANTONIO – San Antonio FCU has deployed Wescom Resources Group’s MemberEdge Mobile Banking solution, with Vertifi Software’s DeposZip mobile remote deposit capture solution.

Zynga's social games — especially its hit Facebook game FarmVille — are a big deal in digital payments. Its games are the key to the success of Facebook Credits, and they may provide a similar boost to American Express' Serve.

Online merchants are dealing with hundreds of thousands of fraud attempts each day, but they say the various fraud-prevention tools at their disposal are helping them fight off the attacks.