United Kingdom consumers are becoming more comfortable using contactless payments as banks such as Barclays PLC push the technology. But users of contactless payment want to see more retailer acceptance of the technology, new survey data suggest.

The Federal Trade Commission on Thursday told the House Committee on Ways and Means Committee Subcommittee on Social Security that, “Protecting consumers – especially vulnerable consumers such as children – against identity theft and its consequences is a critical component of the Commission’s consumer protection mission.”

One of the unintended consequences of working in the Information Age is the sheer volume of data and varieties of information that threaten at any moment to leave us submerged.

Growing use of its mobile payment services for banks increased Monitise PLC revenue for fiscal 2011, but the expense of developing new markets in Europe and Nigeria resulted in a pretax loss, the mobile-payments company said Sept. 1.

More than half of U.S. consumers use at least two credit or debit cards each month for online purchases, and many are wary of the potential for fraud associated with online banking, a study security-software vendor AVG Technologies USA Inc. released Sept. 1 suggests.

Some of the largest mortgage servicers are still fabricating documents that should have been signed years ago and submitting them as evidence to foreclose on homeowners.

The Federal Trade Commission is mailing more than 110,000 refund checks to consumers defrauded by an online operation that tricked payday loan applicants into paying for an unrelated debit card.

DUBUQUE, Iowa – Dupaco CU is using location-based social media application FourSquare to reward members who visit its branches with prizes ranging from koozies (rubber drink covers) to $50 gas cards to the chance to be featured on billboards.

Adaptive Payments is entering an already crowded mobile-payment acceptance market with a device that enables merchants to accept PIN-debit transactions on smartphones using a method similar to the company’s e-commerce operation.

Germany’s largest rail system soon will finish a three-year mobile-payments test at its stations and officially offer all passengers the ability to pay for tickets using mobile phones.

Fiserv has re-branded its Mobile Money and the BankAnywhere mobile-banking products it gained when it acquired Mobile Commerce Ltd. re-naming all the programs Mobiliti.

ATLANTA – Well-known credit union vendor S1 Corp. told shareholders this morning to hold their stock until the board has weighed the latest takeover offer from ACI Worldwide, which is seeking to top a competing merger agreement between S1 and FundTech.

HONOLULU – Hawaii Pacific FCU has selected Open Solutions’ DNAtMagic Integrated Teller Capture and OpenCheck Outsourced Item Processing to streamline its operations, improve performance and reduce operating costs.

PORTLAND, Ore. – Rivermark Community CU has selected Integrated Media Management’s FormSpeed document output management and automation technology.

BROOKFIELD, Wis. – Fiserv on Tuesday introduced a new mobile payments suite designed to consolidate and replace two existing solutions.

DES MOINES, Iowa – Shazam network has introduced a mobile payments platform, which allows merchants to accept mobile PIN- and signature-based transactions using an iPhone.

The wireless carriers involved in mobile-payments venture Isis reportedly plan to invest more than $100 million into the project.

Alternative payments provider Dwolla Corp. is adding to its software a feature that locates fellow Dwolla users who are nearby.

WESTBURY N.Y. – Nassau Financial FCU has launched Mobile-24, a new mobile banking service powered by mFoundry’s mBanking mobile banking solution.

UniRush LLC is following the lead of other prepaid card providers and has released a free smartphone application cardholders may use to check their balances and review transaction and funds-transfer histories.