New Zealand telecommunication companies plan to mirror a mobile-payment partnership model used in the United States as they prepare to make Near Field Communication a key technology throughout the country.

Big election seasons are sometimes accompanied by fast tech maturation, whether it’s social media or the Web itself. The need to accumulate votes quickly, bring like-minded citizens together, and raise money is a natural fit for field testing and adopting new tools.

Global Payments' response to the data breach disclosed last week, as well as the card networks' response, followed a familiar script.

Bank of India Ltd. has signed an agreement to use TimesofMoney’s remittance services to support funds transfers from the United Kingdom, the Chennai-based bank announced March 29.

With electronic channel "convergence" on the horizon, credit unions should now pay attention to delivering information and banking services over tablet devices.

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data-security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments Inc. (see story).

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.

Global Payments Inc. now confirms it is the source of the huge breach affecting cards carrying the major network brands (see story).

Fiserv's latest Consumer Trends Survey was conducted last August, here are a few of the findings.

This is an updated version of an article posted earlier on March 30.

WASHINGTON–The nation's capital is starting to pay attention to mobile payments. Whether that sharpening focus will help or hurt the industry's growth, however, remains an open question.

Yespay International Ltd. has added advanced encryption to its global card-payment service, the London-based company announced this week.

YGC, a Web-based debt management platform to place and manage inventory, audit accounts and analyze and optimize portfolio performance, will apply for a GSA Schedule and actively pursue federal contracts, the company announced.

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.

Forced to choose between making a payment on their credit card, car or mortgage, more cash-strapped consumers are opting to keep their wheels and let the plastic slide.

MALVERN, Penn. – Akcelerant Holdings, the provider of loan origination and collections software, said today it has acquired CU Data Miner, LLC, a Phoenix provider of business intelligence reporting customized for credit unions.

Location-based offers are a major selling point of mobile wallets, but one company recently told the feature to get lost.

PayPal Inc. has promoted David Marcus to be its president, effective April 2, the unit of eBay Inc. announced March 29.

Consumers in 2011 were more likely to pay their auto loans before their credit cards and mortgages, according to a TransUnion study.

With mobile-payment technology advancing seemingly at the speed of a mobile payment itself, one has to wonder how long it might be before consumers wouldn’t need, or even possess, plastic cards to conduct transactions.