PALO ALTO, Calif.-To paraphrase Mark Twain, reports of First Tech Federal Credit Union's computer system "crash" have been greatly exaggerated, according to Benson Porter.

MOUNTAIN VIEW, Calif.-Intuit Inc. says momentum in mobile payments sparked by Google Inc. and the carrier venture Isis has boosted its own mobile banking business.

SAN FRANCISCO-Banks, credit unions' and credit card networks' mobile payment systems will be more secure than plastic cards, but a consumer advocacy group says these systems lack vital safeguards.

SAN ANTONIO-Loanliner.com loan applications from CUNA Mutual soon will be available on smartphones, thanks to a technology optimization for mobile web.

ATLANTA – Online services provider S1 Corp. announced this morning it is combining with Fundtech Ltd., a Jersey City-based provider of software and services to credit unions and banks, in a stock-swap merger of equals.

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.

Most high school students believe credit card companies often entice consumers into shouldering more debt than they can handle, new survey data released June 23 suggest.

BankSimple, which his nearing a soft launch of its Web-banking services, has signed two bank partners.

Reserve releases are an exhaustible resource, but, with chargeoffs falling steeply, they are poised to fuel earnings for some time to come.

JPMorgan Chase & Co. reportedly has abandoned more than a thousand debt-collection lawsuits across the U.S. that sought to recover soured credit-card loans from borrowers, according to Dow Jones.

Although mobile-payments venture Isis has publicly disclosed that it wants to add larger payments networks than its initial partner, Discover Financial Services, Discover says it might now be better positioned in the mobile-payments market.

In a significant development that will extend where both Japanese and Chinese credit cardholders may use their cards abroad, Japan-based card organization JCB has signed a memorandum of understanding with China UnionPay to expand the scope of their merchant-acceptance relationship.

Experian, a credit-reporting firm, announced Thursday the availability of a Market Insight Snapshot report that analyzes strategic defaulters and provides recent findings on the profile of these individuals.

Despite efforts by major card companies to promote the speed and excitement of using mobile phones to pay, it likely will take more than glitzy marketing to convince consumers to use such services, according to a Federal Reserve strategist.

Smartphones with embedded payment chips are scarce, but Isis, the wireless carrier-led mobile payments joint venture, predicts they will be plentiful enough by next year to support its tests in Austin, Texas, and Salt Lake City.

WASHINGTON – The Obama administration's push to create a national standard for when and how banks and other companies must notify customers of a data breach appears to be gaining momentum.

COLUMBUS, Ohio – KEMBA Financial CU has gone live to its members with Jwaala’s Better Online Banking platform, called Better Online Banking, or BOB.

ST. LOUIS – Anheuser-Busch Employees' CU has implemented NCR’s APTRA eMarketing cross-channel marketing software, delivering personalized marketing to members online and in e-mail.

Yahoo Inc.’s issues with Alibaba Group Holding Ltd. over the ownership of the Alipay online payments provider have yet to be resolved, though the companies are making progress, they announced June 22.

This story was updated from an earlier version.