Technology
Technology
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Credit card issuers and other lenders’ attention to alternative credit-scoring data–information not provided by the three major bureaus–has intensified after the financial crisis spotlighted what some have called an over-reliance on traditional credit scores. A few are finally going the extra step and openly using this data.
June 2 -
Star One Credit Union chose Tyfone Inc. for mobile banking services partly because of the vendor’s Near Field Communication-based contactless payment capabilities, the $5.6 billion credit union said May 31.
June 2 -
VISTA, Calif. – Bluepoint Solutions and Panini said yesterday they are partnering to provide credit unions with an all-inclusive teller capture solution, including software, hardware, and support for a cost effective and consolidated price.
June 1 -
RICHMOND, Va. – Call FCU will implement Geezeo’s personal financial management social networking and web-based marketing platforms.
June 1 -
TEXARKANA, Texas – Red River CU has implemented Integrated Media Management’s TotaliSign solution, which allows members to sign documents electronically using an Apple iPad.
June 1 -
More U.S. issuers are committing to issuing EMV cards, commonly called chip-and-PIN for their primary security feature — but if you listen closely, you can hear the PIN drop.
June 1 -
American Express Co.’s top executive on June 1 poked proverbial holes in Google Inc.’s new mobile wallet, arguing in favor of a competing payments system his company is testing.
June 1 -
Silicon Valley Bank has joined the small number of U.S. banks that offer U.S. residents EMV chip cards, more commonly issued overseas.
June 1 -
Mobile-banking customers are three times more likely to use mobile payments than are consumers generally, new research shows.
June 1 -
Mobile-banking customers are three times more likely to use mobile payments than are consumers generally, new research shows.
June 1 -
Online gaming company Nvinium Games Inc. is installing a payments service enabling parents to set limits on how much their children can spend on specific e-commerce websites.
June 1 -
PayPal Inc. on May 26 said it has been selected as a payout option for third-party developers redeeming Facebook credits, Facebook Inc.’s online currency.
June 1 -
The estimated number of collection agencies and creditors that were sued in the April 16-30 period jumped to 540 compared with 504 in the first half of April, according to data from U.S. District Courts.
May 31 -
This story was updated from its original version.
May 31 -
Prices for charged-off credit card debt remain stubbornly high, continuing a trend that began in 2010 as tighter credit standards imposed by lenders began to shrink the available supply.
May 31 -
A federal district court judge ordered a marketing operation to pay more than $3.7 million as part of a contempt case for violating a 2008 court order.
May 31 -
Three state-owned banks in Thailand on June 1 will begin offering credit card customers additional funds to refinance their outstanding credit card debts, a Bank of Thailand spokesperson tells PaymentsSource.
May 31 -
Mopay Inc. on May 25 announced a new platform for mobile payments.
May 31 -
Starbucks Corp. is known for its nonalcoholic beverages, but the success of its mobile payments application has forced it to contend with a bootlegger.
May 31 -
From the Department of How Soon They Forget: Subprime is making a comeback.
May 30


