ACA International officials on Monday introduced "The Path Forward: A Blueprint for Modernizing America’s Debt Collection System" - a five-point plan it hopes will improve collections by reducing, preventing and better resolving consumer complaints.

Chuck Geiger, a former PayPal Inc. chief technology officer, has joined the board of Rainmaker Systems Inc., the provider of business e-commerce technology announced June 16.

Telefónica UK, Vodafone UK, and T-Mobile and Orange parent Everything Everywhere plan to form a joint venture in mobile marketing and payments, the companies announced June 16.

Citigroup Inc. on June 15 clarified the timeline and updated the number of accounts breached in a recent hacker attack that put an estimated 1% of its North American Citi-branded credit card base at risk.

NORCROSS, Ga. – Associated CU has added EZDeposit to its suite of online banking services.

MasterCard Worldwide is making headway in the use of its PayPass service by embedding the contactless chips in wristbands distributed at festivals and other events.

MasterCard Worldwide is making headway in the use of its PayPass service by embedding the contactless chips in wristbands distributed at festivals and other events.

Despite various warnings, many young adults feel empowered by credit card and student loan debt, suggests a recent national study by a team of sociology researchers examining the connection between debt and self-esteem.

JPMorgan Chase & Co. on June 17 will roll out a second EMV card, expanding its target audience for the higher-technology card to a broader consumer base from elite international business travelers.

The average consumer credit card default rate for most large issuers declined again in May, likely bringing the charge-off rate close to 7%, suggest preliminary data from Moody’s Investors Service.

Intuit Inc. is among various vendors that could feel a shock from the emergence of Near Field Communication-powered mobile-payment schemes such as Google Wallet and Isis designed to eclipse banks’ existing, more-pedestrian offerings, such as online and mobile bank-account management.

First Data Corp. is working with mobile news network operator LSN Mobile Inc. to provide a mobile advertising and coupon system for merchants, the companies announced June 15.

BROOKFIELD, Wis. – Fiserv yesterday rolled out a data vaulting service that provides data backup, storage and recovery for credit unions and banks.

LAS VEGAS – Silver State Schools CU said yesterday it has implemented Force 10 Networks’ core and edge switching solutions to power its statewide branch network.

SAN ANTONIO – Firstmark CU launched a revised mobile platform, the Firstmark iPhone Application.

Card brands are making more concerted efforts to move from just having a presence on social-media networks to actually engaging customer behavior. And MasterCard Worldwide is next up.

The emerging U.S. mobile-payments market could be putting consumers at risk for fraud, and a consumer-advocacy group is urging wireless carriers to protect its customers from unauthorized transactions.

Starbucks Corp. finally has an official mobile payment offering for Android smartphones.

U.S. Senators. Charles Schumer , D-N.Y., and Joe Manchin, D-W.Va., are urging the U.S. Department of Justice Department to shut down an underground online drug-trade site called Silk Road, but in a June 6 open letter to the department the senators barely touched on the digital currency–Bitcoins–that fuels the site’s commerce.

Verizon Wireless has brick-and-mortar mobile payments covered thanks to its participation in the Isis joint venture. But the company soon will give its wireless customers the option to charge online purchases directly to their mobile-phone bill.