SPARTANBURG, S.C.-Carolina Foothills FCU (CFFCU) here knew it was time to ask for IT help when it merged with nearby Community 1 CU. CFFCU, after all, is migrating to Community's core system, and Community is adopting CFFCU's managed IT services.

FAIRFAX, Va. – People love their smart phones — almost literally — which is helping to make mobile banking a big hit at Apple Federal and Eastman credit unions.

TUKWILA, Wash.-Bank customers who want to become credit union members may give up when they try to switch their electronic payments.

WARREN, N.J.-Google Wallet and its rivals are coming soon to bank customers' mobile phones-but it turns out the vast majority of those customers couldn't care less.

CHARLESTON, W.Va.-No matter where CFO Dan McGowan goes, he takes his business intelligence tools with him when he sets out to turn around a CU.

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.

Rampant data breaches have taught consumers that it is not always wise to store payment data with a third party, but soon such behavior may become the safer way to transact.

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.