PHILADELPHIA – VINtek, a provider of automotive collateral management, electronic lien and title services, announced that its www.TitleMyCar.com consumer auto finance Web portal is now compatible with the Apple iPhone and iPad.

First Data Corp. will play several key roles in the launch of Google Wallet, and while analysts applaud the firm’s opportunity to capitalize on mobile payments’ growth, they note certain risks and uncertainties the company faces venturing into new territory.

Regions Financial Corp. used to have credit cards in name only. Now, the Birmingham, Ala., bank is going all in.

About 200 banks and credit unions are using Fiserv Inc.'s Mobile Money software, more than double the number that were live with the service a year ago, the Brookfield, Wis., vendor said June 6.

Most credit card industry professionals believe social media will become a “significant factor” in customer service, with Twitter and Facebook outpacing blogs as the most popular methods for card brands to connect with consumers, suggest the results of a survey Firstsource Solutions conducted recently.

Linking online bill pay to a bank’s rewards program is one way financial institutions could revitalize their customers’ use of online banking, suggests a new report.

Mobile banking and payments provider Clairmail Inc. has hired a new chief financial officer and a new chief technology officer.

WAUSAU. Wis. – Connexus CU has signed with CarQuotes.com online car buying service to provide members and potential members the ability to search for new or used vehicles, compare vehicles, get quotes, and find the latest information on rebates and incentives.

TAMPA, Fla. – GTE FCU announced yesterday it has signed with PSCU Financial Services to convert to PSCU’s eBanking platform, which offers integrated online, mobile and voice channels.

GERMANTOWN, Md. – Montgomery County FCU said yesterday it signed with Intuit Financial Services to install the company’s text message banking, mobile Web browser banking and an iPhone applications.

In a move backing its plan to showcase mobile payments at the London Summer Olympics and Paralympics Games in 2012, Visa Inc. says it will roll out a Near Field Communication-based mobile phone for payments linked to prepaid accounts from British bank Lloyds TSB.

To speed up checkout times for small-ticket transactions, a pilot under way at Australian retail chain Coles Supermarkets is enabling holders of EMV Chip-and-PIN credit cards to make purchases without having to enter a PIN.

EMerchants Ltd. on May 20 won a three-year contract to provide prepaid cards for Telechoice, the largest dealer for mobile operator Optus Ltd. in Australia.

PNC Financial Services Group Inc. is opening 6,000 new Virtual Wallet accounts per week, the Pittsburgh banking company's chairman and chief executive James Rohr said June 3.

Google Inc. isn't asking for a share of the payments revenue generated with its new mobile wallet. Nevertheless, partnering with the search engine juggernaut could be a trade-off for banks.

SAN DIEGO – Mitek Systems said this morning it has been granted four new patents from the U.S. Patent and Trademark Office for its popular “Point, Shoot and Deposit” mobile deposit technology.

U.S. consumers filed an estimated 568 lawsuits against collection agencies and creditors between May 1-15, according to statistics from U.S. District Court branches.

With Americans increasingly concerned about the outlook for jobs and the economy, U.S. consumer confidence fell to a six-month low in May, according to The Conference Board's confidence index.

PayPal Inc. is ending its relationship with a unit of the Chinese e-commerce giant Alibaba Group Ltd., the eBay Inc. subsidiary said June 3 in a blog post.

Lending Club Corp. has hired Chaomei Chen, a former JPMorgan Chase & Co. executive, as the peer-to-peer loan facilitator's chief risk officer.