Chip-based fuel cards soon may replace magnetic stripe versions oil companies issue for use at European gas station stores and fuel pumps.

Some analysts may question the viability of mobile-payments applications, but MocaPay Inc. is making some changes to help them along.

Bankers long have told their customers to log off after online-banking sessions. But with mobile, USAA Federal Savings Bank is explicitly permitting users to stay logged on.

ROCHESTER, N.Y. – The Summit FCU has rolled out mobile banking for its members.

MEMPHIS, Tenn. – LG&W FCU has chosen has selected TRC Interactive to deliver online instruction through CreditUnionTrainingOnline.

SCRANTON, Penn. – Tobyhanna FCU has signed with AnyHour Solutions for the company’s 24x7 call center solution.

Consumers’ outstanding credit card debt rose incrementally during the third quarter, while the proportion of consumers falling behind on their monthly card-account payments rose for the first time in nearly two years, according to a report TransUnion LLC released Nov. 15.

M-via Inc. has rolled out a service called Boom designed to provide immigrants with a low-cost, safe alternative to high-fee funds-transfer services, the mobile-payment network provider announced Nov. 15.

Vendors’ smart card shipments could reach 7 billion next year, up 16.7% from 6 billion this year, fueled primarily by strong smart card growth in Latin America and China, vendor trade group Eurosmart announced Nov. 15 at the Cartes & IDentification conference in Paris.

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.

The Central Bank of Nigeria reportedly is in talks with the Nigerian Postal Services to use of the bank’s branches as outposts to promote mobile payments.

Some credit card issuers may be tempted to loosen underwriting standards this holiday season as credit card loss rates hover at record low levels. But such policy shifts could have more far-reaching implications on issuers’ bottom lines than just a few years ago, one analyst warns.

Near the end of the Federal Reserve Bank of Chicago’s one-day payments symposium Sept. 26, Wal-Mart Stores Inc.’s Jamie Henry posed a question that had yet to be answered during the previous eight hours.

The forum on Asia-Pacific Economic Cooperation (APEC) has approved an initiative to help ensure cross-border data privacy protection among its members.

OAK RIDGE, Tenn. – Enrichment FCU has launched a new mobile solution from Member Service Solutions, LLC. called CU Mobile Apps.

WOODS CROSS, Utah. – Chevron West CU has upgraded its core processing system to Open Solutions’ CUnify core banking platform.

Some credit card issuers may be tempted to loosen underwriting standards this holiday season as credit card loss rates hover at record low levels. But such policy shifts could have more far-reaching implications on issuers’ bottom lines than just a few years ago, one analyst warns.

The Reserve Bank of India has authorized the transferring of funds from ATMs to mobile phones as part of an expansion of the country’s Interbank Mobile Payment Service, India’s central bank announced Nov. 9.

VeriFone Systems Inc. took another step Nov. 14 in its quest to break free of the constraints of the aging plastic card.

With questions about mobile-wallet use at the point of sale centering on technology, security, payment accounts and software applications, banks should focus on pushing Near Field Communication development to ensure they play a vital role in the future of mobile payments, a new study suggests.