Direct-selling industry payment-services provider Towah Group Ltd. is expanding its global reach and customers’ options through a partnership with cash payment platform provider ZipZap Inc, the companies announced May 2.

Establishing a data center in Amsterdam will allow Iovation Inc. to provide faster fraud protection for its European clients. But it also will put the online security provider in the heart of a growing global fraud menace.

Payments geeks, as many spring payments industry conference attendees describe themselves, are hitting the road this month in droves and bracing for some amusing ironies.

Boku Inc. has added two more telecommunication carriers to its list of carrier-billing partners, Sprint in the U.S. and Deutsche Telekom in Germany. But the company faces an uphill climb expanding its online-merchant base because of the high prices the carriers charge, though their rates have been dropping.

Mozido LLC’s partnership with Mumbai-based Tata Consultancy Services expands the market for Mozido’s digital-wallet platform and gives Tata Consultancy Services another mobile platform to combine with its proprietary products.

SAN DIEGO – Cabrillo CU is using the AT&T Messaging Toolkit for electronic marketing.

BALTIMORE–As banks contemplate extending payments to mobile wallets, they would be wise to keep things simple to encourage more adoption.

Wells Fargo plans to give its underwriters more control in approving mortgages that it retains in its own portfolio, as the bank tries to add high-quality assets to its balance sheet.

There are more signs of an improving credit landscape heading into the second quarter, according to consumer data from Equifax's March National Consumer Credit Trends Report. Home finance remains an exception to the boost.

TUKWILA, Wash. – BECU said this morning it is the first organization to implement Next IT’s Intelligent Access Assistant, an online tool which helps members reconnect to their accounts if they forget their password and login information or are locked out.

Shareholder dissent over pay practices grew a bit in 2012. Outright majorities rejected executive compensation plans in advisory votes at three of the 132 institutions covered in this sortable table, compared with one in 2011. Meanwhile, the percentage garnering less than 75% support grew to 9.8% in 2012 from 9.1% in 2011.

A consulting firm that helps companies reduce their transaction costs is now flipping the model upside down to maximize acquirers’ pricing.

China UnionPay has signed a strategic agreement with UC Mobile to develop browser-based mobile payments for UnionPay cardholders, the card organization announced last week.

U.S. consumer spending growth slowed in March after a strong February, even as personal income growth picked up pace, government data showed Monday.

Consumers’ ability to pay for a restaurant or bar tab with a smartphone went from small scale to mainstream with TGI Friday’s Inc.’s decision to use Tabbedout’s mobile-payment application.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced a test pilot this morning with Diebold to provide greater personalized service and convenience to credit union members via two-way video member service on CO-OP’s network using Diebold ATMs.

GOSHEN, Ind. – Interra CU has signed with Vertifi, a wholly owned CUSO of EasCorp FCU, to implement the company’s DeposZip Mobile remote deposit capture solution.

Two European telecommunication companies are awaiting a regulatory ruling on a joint venture they created to develop a mobile-payment “ecosystem” in Europe.

When deploying new digital-banking applications, timing can be just as important as function and content.

What exactly defines a mobile payment?