ACA International announced Wednesday it "strongly disagrees" with a National Consumer Law Center (NCLC) report on student loan collections, calling it an "inaccurate portrait of debt collection created to further its agenda."

Hospital operator Tenet Healthcare Corp.'s first quarter earnings fell 20.5% reflecting mainly higher bad debt expenses, despite an estimated 2% rise in revenues.

I recently introduced the MasterCard Mobile Payments Readiness Index (see story) to a group of c-level bankers, and told them that one of our top-level findings is that it's the early days for mobile payments.

The Federal Trade Commission is seeking a civil contempt ruling against the nation's largest third-party billing company, alleging that it placed more than $70 million in bogus "cramming" charges on consumers' phone bills in violation of a previous court order.

HARTFORD, Conn. – Franklin Trust FCU has signed with EasCorp FCU’s Vertifi CUSO to offer its DeposZip Mobile remote deposit capture service to its members.

MADISON, Wis. – Summit CU has implemented HelpSTAR’s helpdesk software, which integrates workflow components with documentation, communication and synchronization functionality.

PURCHASE, N.Y. – MasterCard has chosen PSCU to have its credit unions test the credit card company’s new PayPass Wallet, a digital wallet that may be sub-branded by credit unions.

SAN DIEGO – Mitek Systems, pioneers in mobile remote deposit capture, rolled out new technology today that will allow individuals to cash checks and add funds to prepaid cards over their smartphones.

BALTIMORE – Horsetail Technologies and Credit Union Journal have partnered to make an extraordinary offer that will result in one credit union receiving a $100,000 Extreme Network Makeover.

BURBANK, Calif. – Partners FCU is pilot testing Financial Industry Computer Systems’ generation of its comprehensive LOS platform, Loan Producer version 6.00.

When Square Inc. launched its mobile card reader in 2009, VeriFone Systems Inc. was on its heels with PayWare Mobile. Now the terminal maker is ready to roll out another rival to Square with a product it calls Sail.

Wal-Mart Stores Inc. will not support U.S. contactless payments anytime soon.

Mobile payment is revolutionizing the payments industry, suggests the widespread sentiment among industry insiders and observers.

BALTIMORE–Rage against fees on credit cards, not bank accounts, drove more consumers to using prepaid cards as everyday financial tools, contends the chief executive at prepaid card giant Green Dot Corp.

LAKE MARY, Fla. – CFE FCU, the one-time Central Florida Educators credit union, said this morning it signed with Fiserv to implement the company’s Acumen core processing solution

As automated clearinghouse volume increases, securing ACH payments is becoming more difficult, particularly because mobile-payment providers and businesses are increasing their use of ACH payments to achieve speedy processing.

CHARLESTON, S.C. -- Davis + Henderson Corp., the Toronto provider of financial services, has agreed to acquire Avista Solutions, maker of the popular loan origination system used by many credit unions, for $40 million.

Third Point, one of Yahoo Inc.'s largest investors, is pressuring the company to dismiss Chief Executive Scott Thompson after his academic computer science credentials were misrepresented, Bloomberg reports.

As automated clearinghouse volume increases, securing ACH payments is becoming more difficult, particularly because mobile-payment providers and businesses are increasing their use of ACH payments to achieve speedy processing.

Consumer confidence was flat in April, as more people saw their personal finances improving, while the effect of higher gas prices may have contributed to declining attitudes about the overall economy, according to the Discover U.S. Spending Monitor, a poll that tracks economic confidence and spending intentions for nearly 8,200 consumers.