Total consumer credit card borrowing dipped slightly in September while lenders’ credit card underwriting criteria remained in a holding pattern, according to new data the Federal Reserve Board released Nov. 7.

The operator of a Web site billed as a “Facebook and Myspace for Kids” agreed to settle Federal Trade Commission charges that he violated the FTC's Children’s Online Privacy Protection Act (COPPA) Rule by collecting personal information from 5,600 children without obtaining prior parental consent.

People’s United Bank will use a mobile financial-services product suite from Fidelity National Information Services, or FIS, under a deal the companies announced Nov. 9

PayPal Inc. has delivered on its promise to activate contactless payments for its mobile wallet.

CORPUS CHRISTI, Texas – Navy Army FCU has signed with VINtek to provide it with automotive collateral management and electronic lien title services through the VINtekTime platform.

LAS VEGAS—Established payment card networks are well-positioned to continue generating profits over the long haul, as long as they continue adapting to changing payments technology, a panel of investment industry analysts told attendees Nov. 3 at the ATM, Debit & Prepaid Forum. But Near Field Communication-based mobile payments and mobile wallets might fall short of expectations, the analysts suggested.

Emphasizing a mobile-payment method that translates to an enhanced shopping experience for consumers, AisleBuyer LLC has added a New England supermarket chain that will offer its “virtual checkout” application, the Boston-based mobile commerce provider announced Nov. 7.

Consumer debt rebounded at an annual rate of 3.6% in September after a surprising 4.7% drop in August, the Federal Reserve reported Monday.

Square Inc. continues to secure investors, and the latest one is bringing a lance to the table.

Bank of America Corp. is the second major card issuer to buck a recent smart card trend by structuring its EMV cards for U.S. commercial cardholders traveling abroad with chip-and-PIN technology instead of chip-and-signature.

TAMPA, Fla. – Suncoast Schools FCU said this morning it replaced 94 of its ATMs with advanced automation Diebold Opteva ATMs featuring rapid processing technology and Agilis 3, Diebold's newest, multi-vendor software solution.

Intuit Inc. has secured another partnership with a telecommunication company to sell its GoPayment software application and card reader.

MADISON, Wis.-The fast pace of technology growth has payments systems at an "inflection point." For credit unions, that means staying informed and working collaboratively if they don't want to get left behind.

MADISON, Wis.-Social media can play a key role in crisis management. But to deploy it effectively a credit union must have a plan, be careful in how the medium is used and must build an online community first.

The global point-of-sale payment terminal market is enjoying a technology boom as manufacturers peering just over the horizon see rampant demand for in-store devices that can accommodate both contactless payments and card transactions authenticated by EMV chip-and-PIN security protocols.

SAN FRANCISCO – San Francisco FCU is implementing MeridianLink’s loan origination system.

Can "Stop.Think.Connect" become the new "Stop, Drop and Roll"?

PayPal Inc., a pioneer in alternative online payments, is seeking to stake a new claim in the burgeoning and increasingly congested mobile-payments space, and what sets it apart may be an acquisition that occurred three years ago.

LAS VEGAS–Will mobile phones replace plastic payments cards?

The Labor Department reported Friday that the unemployment rate fell to 9% from 9.1% - the first time it has dropped since July. The U.S. economy also added 80,000 jobs in October, the government said.