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.

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.