Mobile-payment initiatives from Google Inc., Isis and PayPal Inc. appear to be motivating investment firms to take a closer look at the companies that will help enable such transactions at brick-and-mortar locations.

Mobile-payments startup Square Inc.’s $100 million venture-capital avalanche announced June 29 could mean that the company’s transaction volume is gaining significant momentum despite its lack of profits, one analyst contends.

Cards have accounted for nearly all the loss allowance reductions at B of A and JPMorgan Chase over the last five quarters, and loan performance continues to improve.

AUGUSTA, Maine – Synergent said yesterday it has contracted with Caringo Inc. to provide it with management and protection of hundreds of millions of check images and transaction receipts generated by credit union members.

PROVO, Utah – Utah Community CU has introduced mobile money management applications for iPhone and Android mobile smartphones.

Citing “shortcomings” with the technology, Australia’s ANZ Banking Group Ltd. has halted development of a microSD iPhone case designed to turn a smartphone into a payment device.

Lenders’ tighter credit card underwriting rules to control risk during the recession put pressure on consumers seeking new credit lines, but the restrictions also are driving criminals who prey on new accounts to find new hunting grounds.

In an exclusive deal for MasterCard Worldwide, Indigo Books & Music Inc.’s plans to deploy terminals that accept the card brand’s PayPass contactless payments in all its stores marks the first such development for a retailer of its kind.

Jet Airways Ltd., India’s largest private airline by passengers carried, has begun offering a mobile-ticketing service for booking seats on its flights, a sign of continued expansion of mobile commerce in India.

Regions Financial Corp. will offer person-to-person and bill-payment services at 1,700 bank locations later this year through Western Union Co.’s money transfer platform.

Intuit Inc. has bought the mobile banking assets of Mobile Money Ventures, a joint venture of Citigroup Inc. and SK Telecom Co. Ltd. it has worked with to develop mobile banking services.

Mobile payments in India received a major boost on June 27 when Nokia India Pvt. Ltd., the Indian arm of the Finnish mobile handset maker, announced it would offer its Mobile Money service on all Nokia devices.

FORT LAUDERDALE, Fla. – City County CU has begun processing loans in iPads via eDOC Innovations’ ProDOC Packages and eDOCSignature.

Bankcard issuers are likely to face steep challenges in getting credit card spending back on track after the economic downturn, as various economic indicators suggest consumers are more cautious than ever about their card spending, one analyst contends.

Another company has announced a mobile payments and marketing app in what some are calling the Wild West of mobile payments.

A San Francisco-based startup called Card.io is offering software that enables cell-phone cameras to scan credit card information, thus moving ecommerce from the Web to mobile phones and creating a new product for ISOs to sell to merchants.

Small and midsize businesses now have an alternative to traditional card-payment processing channels through a new mobile-payment processing service rolled out earlier this month by Australia’s Commonwealth Bank Ltd.

Vivotech Inc., a Near Field Communication software and systems company, has received $24 million in funding to expand beyond the 35 countries where its products are now used, the Santa Clara, Calif.-based company announced June 27.

SAN ANTONIO-Lending cannot grow without an investment in technology infrastructure, according to David Polet, Voice of Consumer manager with CUNA Mutual Group.

To better understand the needs of potential Generation Y members, David Polet, Voice of Consumer manager with CUNA Mutual Group, urged audience members to read the following...