Debt buyer Asta Funding Inc. reported flat earnings and revenue May 10 and a drop in cash collections for the fiscal second quarter ended March 31. The Englewood Cliffs, N.J.-based firm also reported spending more on credit card and other debt portfolios during the quarter.

The news that Isis is seeking to expand its model by working with traditional card systems reveals the importance of wide cooperation in developing an NFC payments ecosystem.

With sales of mobile devices outpacing their distribution of debit and credit cards, banks in some countries are looking at new ways consumers may access cash at ATMs.

DeviceFidelity Inc. on Wednesday said it was issued a patent for using near-field communication technology to perform payment and other activities on mobile devices.

PHOENIX – Arizona State CU said it is the first credit union in Arizona to offer eDeposit, a remote deposit solution that allows new and current members the option to deposit checks from the comfort of their homes.

SOUTH BEND, Ind. – Notre Dame FCU has implemented Integrated Media Management’s TotaleAtlasWeb.

In launching its own digital wallet, Visa Inc. says its size will help it succeed in a market where many established payment companies have learned the hard way that bigger is not always better.

Despite the buzz surrounding mobile-banking services, a relatively few consumers use them on a regular basis, though nearly half are familiar with them, new research suggests.

Despite the buzz surrounding mobile-banking services, a relatively few consumers use them on a regular basis, though nearly half are familiar with them, new research suggests.

Users in India of the online funds-transfer and payment service offered by U.S.-based PayPal Inc. face additional hurdles when making transactions, according to a notice the eBay Inc. unit released May 9.

New Zealand’s small-business owners increasingly are using their own personal credit cards to finance their companies, research from Massey University’s Center for Small and Medium Enterprise Research has found.

Giving card issuers a potential new venue to tap small business mobile payments at the point of sale by selling speed, Intuit this week is demonstrating new renovations its GoPayment mobile service to eliminate the card readers that merchants attach to their mobile devices to execute card payments.

Visa Inc. is working with several banks to roll out a digital wallet service in the U.S. and Canada this fall that will let consumers make payments with Visa and non-Visa cards.

A study commissioned by the three largest credit-reporting firms found that less than 1% of consumer credit reports had errors leading to a significant change in the score.

Merrick Bank Corp. has signed on to offer Secure Vault Payments to merchants through its ISO network, and sources say the fledgling payment method may become available to 17 million consumers before the end of this month and to 50 million by year’s end.

Consumer credit card debt increased slightly in March by about $2 billion, marking only the second such monthly increase since 2008, according to data from the latest monthly G.19 Federal Reserve Board report.

PHOENIX – Desert Schools FCU has contracted with i365 for the company’s EVault Plug-n-Protect backup and recovery appliances via solution provider 3RP.

Consumer credit card debt increased slightly in March by about $2 billion, marking only the second such monthly increase since 2008, according to data the Federal Reserve Board released May 6.

VeriFone Systems Inc., the nation's largest maker of point of sale terminals, is introducing a new one that could make it as easy for merchants to accept alternative payments as it is to take Visa or MasterCard.

PayNearMe Inc. has launched a bill-payment function for its cash payment system that works with bar codes printed on billers’ statements.