A Singapore-based company last week announced the planned launched of a mobile-payment service that uses a card-reader device similar to the one offered by Square Inc. and other companies.

India’s national carrier, Air India, is enabling its passengers to book and pay for air tickets using their mobile phones.

Organizations are getting better at surviving data breaches, but the risks of experiencing a major incident are as high as ever.

Building on its earlier acquisition of alternative payments platform eBillme, The Western Union Co. has announced a payment product that broadens its appeal beyond its traditionally unbanked consumer base.

WASHINGTON–Congress on March 22 took its first cautious steps into mobile payments with a House hearing focused on security issues and prudent regulation for the rapidly evolving mobile market.

To make a successful digital payments product, American Express Co. is shedding a lot of tradition.

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.

A federal court has rejected civil claims brought by five credit unions and one bank stemming from the massive 2008 data breach at Heartland Payment Systems that exposed millions of cardholders to fraudulent transactions.

Venmo Inc. has lifted the “Invitation Only” sign off of its social mobile-payments application, hoping to expand quickly a person-to-person payment system that already accommodates as much as $10 million in transaction volume per month.

To offer the benefits of India’s Interbank Mobile Payment Service to more consumers, Federal Bank on March 20 expanded the scope of the service for its customers by enabling them to transfer funds to users across banks even if they not a mobile-banking customers.

The cost of cleaning up after a data breach is declining, new data suggest.

SAN DIEGO – San Diego County CU said it is now offering a full range of mobile banking capabilities with Mobiliti and Mobile Source Capture from Fiserv.

Industry debates centering on the eventual U.S. conversion to EMV smart card acceptance at point-of-sale terminals have taken on several layers.

Scantily clad tanning-salon customers need not even bring a wallet to pay at Zoom Tan Inc., which recently began using fingerprint biometrics to authenticate customers' credit and debit card payments.

The cost of cleaning up after a data breach is declining, new data suggest.

San Diego County Credit Union has begun offering a range of mobile-banking services through Fiserv Inc.'s Mobiliti and Mobile Source Capture products.

WASHINGTON – CUNA Mutual Group on Tuesday announced plans for a CyberRisk Hub aimed at responding to data breaches before and after they occur.

Incidents of U.S. corporate-payment fraud are declining as more companies shift to using electronic channels from paper, but criminals are getting craftier.

ZipZap Inc. has added MoneyGram International’s 35,000 sites in the U.S. for consumers who prefer to pay for online purchases with cash, the company announced March 20.

Instead of pitching his new digital wallet only to banks, iCache Inc. founder Jon Ramaci is offering his product, the Geode, on the crowd-funding website Kickstarter.com, a site not typically associated with banking technology.