U.S. consumer interest in using mobile phones to make purchases and in receiving incentives and coupons to shop at retailers has doubled since last year, new research suggests.

The average consumer credit card charge-off rate among the top U.S. card issuers is nearing a historic low but should begin creeping upward next year, new data Fitch Ratings Inc. released Nov. 9 suggest.

After analyzing the mobile-banking offerings of the top 25 retail banks by deposits, Javelin Strategy & Research has declared that JPMorgan Chase & Co. has the best, followed closely by Wells Fargo & Co. and Bank of America Corp.

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 Internal Revenue Service has not collected delinquent taxes for nearly half the past-due tax cases left behind from its shuttered private debt collection program, according to a new government report.

CHARLESTON, W.Va. – West Virginia United FCU has signed with Dwolla to implement the company’s integration product, FiSync, which offers members an expedited Dwolla sign-up process.

PASADENA, Texas – Gulf Coast Educators FCU has rolled out a new mobile apps smart phone product.

Continuing a trend that started last summer, Dwolla Corp. has added two more credit unions that will offer customers easier access to Dwolla mobile-payment accounts through their online-banking programs, the mobile-pay startup announced Nov. 8.

Mobile Money Network has landed a major retailer to participate in the initial phase of a mobile-payment software application launch that will enable United Kingdom consumers to purchase products for home delivery from any location by typing a product code into their phones, the London-based mobile commerce company announced Nov. 4.

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.