Kennesaw State University has entered into a partnership with mobile money start-up TreasureCom Financial Holdings Inc. to develop and market banking applications for mobile phones. The school, which is located north of Atlanta, also partnered has with Microsoft Corp. to establish the lab where the mobile applications are developed.

Credit card delinquencies fell to their lowest point in 17 years in the second quarter as consumers remained cautious about taking on more debt and issuers continued their conservative approach to lending, TransUnion Corp. said Aug. 16.

Isis, the telecommunication consortium intent on offering a mobile-payment scheme, is building out a wider range of mobile-wallet capabilities to keep up with its aggressive rival, Google Inc.

Google Inc.’s Aug. 15 announcement of an agreement to acquire Motorola Mobility Holdings strengthens Google’s position in mobile payments, one observer says.

U.S. consumers continue to show greater discipline in making on-time credit card payments compared with their mortgage payments as part of a phenomenon that began with the most recent recession, new Experian data show.

When Pago Mobile Inc. launched its mobile wallet with 53 merchants in Mountain View, Calif., last week, initial industry reaction focused on the smaller payments-application company venturing into turf more commonly associated with Google Inc. in northern California.

A developer of mobile applications, including children’s games for the iPhone and iPod touch, will pay $50,000 to settle Federal Trade Commission charges that it violated the Children’s Online Privacy Protection Act (COPPA) and the FTC’s COPPA Rule by illegally collecting and disclosing personal information from tens of thousands of children under age 13 without their parents’ prior consent. It is the FTC's first case involving mobile applications, known as apps.

With Google Inc.’s Aug. 15 announcement of an agreement to acquire Motorola Mobility Holdings, the search giant potentially has turbocharged its mobile-payment plans.

Experian released findings Friday on the credit card and mortgage payment behaviors of consumers both nationally and in the top 30 Metropolitan Statistical Areas (MSAs).

LAKE MARY, Fla.-The entire arena of emerging payments and online money movement is evolving so quickly that Sam Kilmer is concerned some CUs are paying more attention to keeping pace with competitors rather than preventing fraud via these new delivery channels.

SAN DIEGO-Even as CUs place more resources toward fraud detection and prevention, home banking applications are not receiving the attention they need, according to one industry expert.

The latest forecast of mobile payment growth, from U.K. research company Visiongain, calls for $150 billion in mobile-phone-generated payments to take place globally by the end of this year. This is significantly larger than the estimate Gartner came out with last month, which predicted that worldwide mobile payment volume would total $86.1 billion in 2011.

Thieves made off with personal information of 92,408 Citigroup Inc. credit card customers in Japan and sold the data to third parties, Citi said Friday according to Dow Jones. It's the second data theft for Citi in three months and the latest sign of how vulnerable banks and their customers are in a world of high-tech banditry.

PRINCETON, N.J. – Heartland Payment Systems, Inc., said it will introduce a payments application and a card reader that attaches to a smart phone in the same manner as Square’s or VeriFone’s payWare Mobile readers.

WASHINGTON – Travelex Global Business Payments, Inc. and LendingTools.com on Thursday announced they are partnering to deliver international electronic payments solutions.

Visa Inc.’s new U.S. EMV initiative will have far-reaching consequences for merchants and card issuers, but the other card networks may not follow it exactly in drawing their roadmaps for migrating to advanced chip card technologies, certain observers say.

Consumer bankruptcies fell 18% nationwide in July compared with July 2010, according to the American Bankruptcy Institute, which pulls the data from the National Bankruptcy Research Center.

Most large U.S. merchants easily will comply with Visa Inc.’s first level of incentives to make payment terminals ready to accept contact and contactless EMV cards next year as part of the card brand’s U.S. push toward chip card technology, but it may take smaller merchants a year or two to get there, payment industry experts suggest.

When newly acquired card customers from HSBC’s U.S. card program and ING’s online bank are folded into Capital One Financial Corp.’s existing base, they will have a rapidly expanding array of digital transaction and payments channels from which to choose.

The battle for supremacy in mobile person-to-person payments is raging. To date, its primary ordnance has been limited to the press release and the corporate event, most of them volleyed by big-name operators of existing payment networks, such as PayPal Inc., Visa Inc. and MasterCard Worldwide and Google Inc.