LEAGUE CITY, Texas – Associated CU has implemented CUTEK’s accounting closing solution that walks credit union employees through the account closing process with outgoing members.

SAN DIEGO-Recognizing that switching electronic payments is a painful manual process, California Coast CU provides a "concierge" service to new members, said Donna Johnson, senior marketing specialist at the $1.6-billion CU here.

INDIANAPOLIS, Ind.-Impact analysis is "a daunting task," said William Hord, VP-enterprise risk management (ERM) at Finance Center FCU here.

Isis has had a big week, as 45 partners of the GSM Association mobile operator trade group agreed to support the joint venture’s preferred payments model: Near Field Communication that uses SIM cards used in many mobile phones.

In light of recent Payment Card Industry Security Standards Council recommendations regarding advanced encryption, acquirers and processors are giving greater attention to the hardware-security module used to protect card data while transactions are processed, a technician who specializes in security devices suggests.

As major U.S. cities with complex transportation systems explore converting to an electronic fare-collection structure that would accept open-loop contactless cards, mobile payments are becoming a factor in future planning.

More consumers might try making mobile payments if more large merchants supported them, new survey data suggest.

PayPal Inc. has developed an application for making person-to-person payments over Facebook Inc.'s social-networking site.

3G Direct Pay Ltd. has signed agreements with telecommunication operators Safaricom Ltd. and Airtel Ltd. to provide immediate transaction settlements for the two African companies’ funds-transfer services, the e-commerce firm announced Nov. 16.

GLASTONBURY, Conn. – Open Solutions Inc. announced a deal yesterday that will give its credit union clients access to the FinApp system from Yodlee.

ANAHEIM, Calif. -- CarePoint FCU has signed with TRC Interactive to implement the company’s online instruction through CreditUnionTrainingOnline for its credit union-wide training needs.

PHOENIX – Desert Schools FCU has signed with CRIF Lending Solutions to implement the company’s CRIF ACTion origination system for consumer, business and merchant lending, and account opening.

Mobile-payment proponents let out a collective groan when Apple Inc.’s latest iPhone 4S lacked a Near Field Communication chip.

Like a pop star who sells more records posthumously, the Google Checkout payment service may prove most beneficial to Google after it is phased out.

Can using multiple branding terms to describe a payment process help an issuer to achieve its own brand loyalty and clarify its product message, or would doing so confuse customers?

The U.S. is in a balance-sheet slowdown: overleveraged households are tightening their belts and holding back on consumption, thereby choking off the economy's main engine.

Morpho Sanfran Inc. will supply a Hungarian issuer with the country’s first dual-interface credit card based on EMV computer chip technology, the identification documents technology provider announced Nov. 17.

SAN ANTONIO, Texas – Security Service FCU has signed with CIBER to implement the company’s Microsoft Dynamics customer relationship management solution for its 850,000 members.

Based on a groundswell of optimism surrounding Near Field Communication payment applications on display this week at the Cartes & IDentification conference in Paris, executives at NXP Semiconductors are eager to counter criticism from some quarters that NFC is too complex and bank-centric to catch on widely.

The name of Visa Inc.'s digital wallet, V.me, understates its ambition for the service. That may turn out to be a smart branding move.