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.

This story was updated from its original version.

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.

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.

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.

Mopay Inc. on May 25 announced a new platform for mobile payments.

Starbucks Corp. is known for its nonalcoholic beverages, but the success of its mobile payments application has forced it to contend with a bootlegger.

From the Department of How Soon They Forget: Subprime is making a comeback.

A stable and growing Indian economy is helping revive credit card use, which had dropped considerably during the economic slowdown, data from India’s central bank reveal.

After testing Mocapay’s mobile-marketing consumer engagement platform in November, Dazbog Coffee now plans to use it to launch mobile marketing promotions and mobile prepaid gift cards at 21 locations in Colorado and Wyoming, Doug Dwyre, Mocapay president, tells PaymentsSource.

The proverbial battle over mobile payments has turned into a legal one.

Banks are not yet able to meet the demand for mobile check deposit, according to a Javelin Strategy and Research study released on May 24.

The emphasis on broad merchant participation at the outset of development of the Google Wallet sets it apart from certain other initiatives and could be the crucial element in driving consumer adoption, according to at least one smart card industry executive.

Charles Schwab Corp. and Fidelity Investments have rolled out mobile check deposit services to their customers.

SANTA CLARA, Calif. – Hours after Google unveiled its new eWallet payments solution yesterday PayPal greeted the unveiling with a lawsuit claiming the search-engine giant misappropriated trade secrets from PayPal's mobile-payment business.

SALEM, Ore. – CU Wireless, a CUSO owned by Maps CU, said it signed six new credit unions to its Text Banking by CU Wireless through its partnership with Financial Service Centers Cooperative’s MyCUAnywhere.

CHICAGO – Alliant CU has contracted with Hyland Software for the company’s OnBase enterprise content management system.

SUNNYVALE, Calif. – Star One CU has signed with Tyfone to deliver next generation mobile banking services to it members.

IRWINDALE, Calif. – SCE FCU said it has introduced a feature that will allow employees to access, modify and update the credit union’s website via any web browser on a PC, Mac or smartphone.

Google Inc.’s new mobile payment system puts pressure on Isis, the wireless carrier-backed joint venture trying to develop a competing system.