At least three of the nation’s largest credit card issuers, as a result of their strategic actions and market positioning, may eke out growth this year despite the sluggish economy, according to a new report from Keefe, Bruyette and Woods.

Conservative lender American Express Co. is trying more and more to look like a start-up.

Of the hundreds of thousands of words in the Dodd-Frank Act, none has caused as much consternation as the seven-letter one tucked into Title 10: abusive.

South Africa’s First National Bank Ltd on Sept. 7 unveiled what it says is the nation’s first service enabling its customers to send funds to one another using only a cell phone number.

Having a smartphone equipped for mobile payments with multiple payment options could weaken the impact of card brands, according to a new report from Morningstar Inc.

BOULDER, Colo. – Elevations CU plans to deploy MeridianLink’s automated account opening of new accounts and lending services online.

Zions Bancorp., in its attempt to spot fraud, was gathering much more data than its technology could handle. While searching for a needle in a haystack, it was just piling on more hay.

SAN DIEGO – Mitek Systems is introducing a new mobile banking application that enables consumers to switch credit union or bank credit card accounts as simply as “Point, Shoot and Transfer.”

WASHINGTON – The Senate today approved the Patent Reform Bill that will, among other things, help curb so-called patent trolls suing credit unions and banks over generally available technology methods.

Zimbabwe’s Econet Wireless Ltd. is developing a mobile-payment system designed for small-ticket transactions in that country, the telecommunication company announced Sept. 6.

To help meet rising consumer demand in China, payment-services provider 99Bill Corp. has upgraded its 99Bill+ payment platform to additionally support payments initiated with tablets and smartphones.

Visa Europe is making more headway promoting its contactless card and mobile technology in France, as it launches a second contactless pilot in Strasbourg. Visa also has a contactless pilot operating in Nice, France, which launched in May 2010.

In a long-awaited showdown over the future of the Consumer Financial Protection Bureau on Tuesday, Republicans and Democrats sparred over whether the Senate should proceed with the nomination of the bureau's first director.

Andrews FCU on Wednesday announced it is rolling out a Globe Trek Visa Rewards credit card with both magnetic strip and the Europay, MasterCard and Visa EMV technology, also known as Chip and PIN.

PALM BEACH GARDENS, Fla. – Velocity Community CU has selected VSoft’s home/office and mobile remote deposit capture solutions.

SAN JOSE, Calif. – Technology CU has implemented Online Banking Solutions’ OBS Messenger Financial Center for the delivery of business information and payment services online.

WEST LAFAYETTE, Ind. – Purdue Employees FCU has installed Integrated Media Management’s TotaleAtlasWeb secure Web-based document delivery and remote digital signature capture technology.

Amid a resurgence of interest in issuing private-label credit cards and noteworthy behavioral shifts affecting consumer creditworthiness, First Data Corp. is adopting a new instant-credit decisioning and underwriting system from Zoot Enterprises Inc., the two companies announced Sept. 7.

Equifax Inc. has acquired Datum, a Costa Rican credit reporting company.

Joining a growing list of similar companies trying to move more cash payments to cards, Payment Data Systems Inc. will launch iRemotePay next month to meet growing merchant demand for a payment-acceptance option to use away from their actual stores or if they do business in outdoor markets.