MILFORD, Conn.-As mobile devices gradually eclipse desktops when it comes to members connecting with their financial data, experts agree that new and different kinds of security threats will arise. But they disagree on where those threats originate.

AUSTIN, Texas.-Credit unions looking to launch a mobile banking platform need to keep some numbers in mind: 12 to 24, and 2016.

AUSTIN, Texas-Mobile banking in 2011 is much like the state of the Internet in 1995: There are wide ranging and plentiful predictions about this "wave of the future" and its implications on business, but what it will look like in five or 10 years is much less certain.

SAN FRANCISCO-App stores could transform online banking for consumers, according to new research from Javelin Strategy.

JACKSONVILLE, Fla.-A new mobile banking research study commissioned by FIS has found that 50% of all smartphone owners used mobile banking within the last 30 days and that 76% of mobile banking users were satisfied with their experience-a 16 percentage point gain in satisfaction from 2010.

ONTARIO, Calif.-Aiming to give more CUs the ability to offer mobile banking, Financial Service Centers Cooperative (FSCC) has released a mobile text banking platform to members of all CU Service Centers affiliated credit unions.

PayPal Inc. could lose a substantial amount of transaction revenue if pending caps on debit interchange are applied to the alternative payments company, an analyst with FBR Capital Markets said in a research note Thursday.

As U.S. Bancorp upgrades its mobile banking offerings, it is also stepping up its use of mobile data business intelligence to target sales and personalize customer service.

Social networking on the Internet is all the rage. Consumers today think nothing about posting personal information online for all to see.

The steady decline in credit card charge-offs that continued through the first quarter helped make issuers’ earnings look good, but that trend cannot continue forever, Fitch Ratings Inc. warned in a May 6 special report.

Debt buyer Portfolio Recovery Associates (PRA) last week reported record net income, cash collections and revenue in the first quarter ended March 31.

First, a bit of recent history: The Great Recession lasted 18 months until June 2009, the longest economic downturn since World War II.

Visa Inc. plans revisit its incentive agreements with issuing banks after the Federal Reserve Board finalizes its capped rate for debit card interchange this summer, executives for the card brand told analysts May 5 during a conference call to discuss fiscal second-quarter earnings.

U.S. merchants now may process magnetic stripe, e-commerce and EMV chip-and-PIN payments using Yespay International Ltd.’s cross-border payment service, the London-based company announced on May 4.

The Reserve Bank of India has increased the deposit limits for mobile wallets in that country to 50,000 rupees (US$1,112 or 762 euros) from 5,000 rupees previously, according to a notification it sent to all banks and operators on May 4.

The National Payments Corp. of India has received permission to expand the scope of its interbank mobile funds-transfer service to include payments, the authority announced May 5.

A new payment card allows users to see their balances right away with the technology they already have — no chips, fancy apps or even bookmarked mobile websites required.

CashEdge Inc. has developed a version of its bank-focused person-to-person payments service for prepaid card companies.

Person-to-person payment is expected to be one of the big next deployments for mobile financial services, and ING Direct is an early adopter of the latest incarnation of the technology, becoming the first major financial institution to enable U.S. customers with iPhones to use them to send money to one another.

ATLANTA, Ga. – Associated CU has added EZDeposit to its suite of online banking services, enabling home or office users to deposit checks remotely using a scanner.