American Express Co. and Verizon Wireless will integrate Serve, Amex’s digital payment and commerce platform, on many Verizon mobile phones and tablets, the companies announced Aug. 1.

State Bank of India Ltd. on July 28 became the first card issuer in the country to announce plans to convert its entire portfolio of magnetic stripe credit cards to EMV chip-and-PIN formats.

While the media, analysts and other industry observers all devote enormous amounts of time and attention to mobile banking and mobile payment developments, of which there seem to be new several new ones each day, there’s a quieter channel change going on that’s received little attention. That is the growth in online banking.

BURLINGTON, Mass. – EasCorp on Friday said five more credit unions have agreed to use the DeposZip mobile deposits system offered by its Vertifi Software CUSO.

Chief executives from the country's largest banks sent a letter to the White House and Congress Thursday urging them to reach an agreement this week to raise the debt ceiling.

New York mass-transit riders no longer will need a crystal ball to know how far their bus is from their stop under a service from VeriFone Systems Inc. that the Metropolitan Transportation Authority plans to launch in Staten Island later this year and eventually throughout the city.

WORCESTER, Mass. – Workers’ CU’s newest service allows members to open an account using their Web-enabled smart phone.

VIENNA, Va. – Navy FCU plans to offer members a mobile banking app for Android smart phones next month.

PHOENIX – Desert Schools FCU will be the first financial institution to implement a new solution by Finivation Software that is designed to help quickly and cost-effectively verify a person’s identity remotely though voice biometrics.

U.S. consumer bankcard delinquencies hit a record low in June, while charge-off rates also improved again, according to data Moody’s Investors Service released July 28.

Spend some time in Apple's App Store browsing the free online banking apps for the iPad, and you see a quite a few iPhone apps masquerading as iPad apps, failing to take advantage of the iPad's bigger screen and ability to host more sophisticated graphics.

ACA International, the association of credit and collection professionals, supports the Federal Trade Commission's recently finalized policy statement bringing clarity to the complexities of collecting on a decedent's debt.

ATLANTA – The Coca-Cola Company Family FCU has selected Geezeo to provide its personal financial management solution and integrated marketing platform.

A start-up company’s contactless-payment wristbands have gained the backing of the Visa brand under a product launch announced July 27.

The smartphone market is maturing rapidly, but banks risk getting left behind because a growing number of users consider the channel to be unsafe for financial transactions.

ZestCash Inc. says it's the Google of alternative lending, based on the way it calculates underwriting for loans to risky borrowers; its rival BillFloat says it's the Facebook of alternative lending, because it knows its customers.

In its latest national report on consumer credit trends, Equifax finds the credit cycle has turned as new credit growth continues. Several portfolio metrics indicate the credit cycle is moving to stabilization and growth.

NEWPORT NEWS, Va. – 1st Advantage FCU said yesterday it will deploy a new cross sell engine called KulaX, powered by Micronotes, on its online banking portal.

ST. JOHNSBURY, Vt. – Northern Lights FCU has signed with IronKey to issue its members IronKey Trusted Access for Banking, a secure browsing solution that prevents identity theft, payments fraud and online banking account takeover.

Revenue from electronic channels supported by The Western Union Co., including westernunion.com, account-based funds transfers and mobile funds transfers, grew by more than 35% during the second quarter, the company said in announcing its earnings for the period.