BROOKFIELD, Wis. – Fiserv has teamed with Integrated Media Management to integrate Teller Source Capture from Fiserv with Integrated Media’s Teller Item Capture solutions, allowing more credit unions to use the Teller Source Capture application from Fiserv to capture images and process transactions.

Credit card debt decreased 18% to $6,285 in August even as the Bureau of Labor Statistics reported a slightly lower year-over-year 9.1% unemployment rate for the month, according to Credit Karma's latest U.S. Credit Score Climate report.

NEW YORK – Israel’s Funtech Ltd. announced this morning that Chicago private equity firm GTCR has offered to acquire the company for $23.33 a share, which appears to trump a previous merger agreement with S1 Corp. and end a hostile takeover fight for the Atlanta services provider.

Capital One Financial Corp. Chairman and Chief Executive Richard Fairbank says he believes the credit card business is headed for significant consolidation and that his company intends to be one of the industry's "endgame players."

The Groupon daily-deal craze allows financially savvy consumers to save money with merchants they frequent, but it has so far had little to do with banks.

Another Iowa credit union has added a Dwolla Corp. account and payments link to its online banking format, continuing a trend for the Des Moines, Iowa-based mobile-payment startup as it attempts to expand its reach.

Aiming to beef up its digital payment offerings for businesses, London-based Mobile Interactive Group Ltd. acquired online micropayments startup firm Zaypay International B.V., the companies announced Sept. 13.

The Indian state of Tamil Nadu in mid-September plans to test the use of biometric smart cards to help disburse pensions in an effort to prevent corruption in the process of delivering cash payments to recipients.

Gamers who plan to play Blizzard Entertainment Inc.’s new role-playing game Diablo III can use PayPal as an option for in-game purchases when the title is released next year.

The New Jersey Supreme Court lifted a foreclosure ban on Ally Financial Inc. on Monday, removing the last state barrier for mortgage servicers to fully resume operations a year after their widespread "robo-signing" procedures came to light.

Fiserv Inc. has completed its acquisition of the New York bank technology and payments vendor CashEdge Inc., the firm said Sept. 14.

Monitise was awarded a UK patent for a “virtual payment card” that will allow consumers to make payments in shops and online with their mobile phone without divulging their card details, the company said Sept. 13.

Demand from buyers of credit card portfolios owned by U.S. credit unions warmed somewhat during the first half of 2011 after hitting bottom last year, according to a Sept. 13 report from TRK Advisors.

Efforts to streamline the various payment systems across Taiwan’s public transport operations may see progress as the country’s government pushes interoperability among locally issued smartcards.

In a move designed to streamline cross-border funds-transfers in the South Pacific, mobile funds-transfer service Vodafone MPAiSA Fiji on Sept. 9 announced new capabilities enabling consumers from Australia and New Zealand to send funds to anyone in Fiji with a Vodafone mobile phone.

Building on its growing momentum in contactless payments, Bank of Montreal is rolling out the Mobile PayPass Tag, a Near Field Communication-enabled sticker that consumers can attach to their mobile phones to make contactless payments in Canada, the bank announced Sept. 13.

GREENWOOD VILLAGE, Colo. – Bellco CU this morning rolled out a new mobile banking service provided by ClairMail that offers banking by iPhone, text banking and a mobile-optimized website @ m.bellco.org.

ACI Worldwide has launched ACI Enterprise Banker 7.6, which will be fully enabled for mobile banking.

Federal agents in Seattle nabbed the third suspect in two elaborate card-skimming schemes on Sept. 6, ending a crime spree that netted more than $500,000 in fraudulent transactions and affected hundreds of consumers in six western states.

The online payment provider eLayaway Inc. said on Monday that it would join the Secure Vault Payments network and offer the service to its customers in the fourth quarter.