PEORIA, Ill. – CEFCU has licensed online and mobile banking, new account opening, and out-of-band authentication solutions from S1 Corp.

WHITEFISH, Mont. – Whitefish CU said yesterday it signed with Safe Systems to implement the company’s IT management solution, NetComply, as well as supplementary products to generate institution-wide efficiencies and cost savings.

Mobile users in India now have the ability to purchase tickets to the cricket Indian Premier League and movie theaters using Suvidha Starnet Pvt Ltd’s mobile-payment service.

The Central Bank of Afghanistan on April 25 granted the country’s first Electronic Money Institution license to M-Paisa, the first mobile funds-transfer service to operate in the country.

CHICAGO–A day after the Wall Street Journal reported Isis was changing its business model by working with other established payments organizations, an executive for the organization told a panel here at the Smart Card Alliance’s annual conference nothing had changed.

Merchant e-Solutions Inc. is rolling out a suite of mobile-payment applications on its new PayEverywhere platform, the company announced May 5

For all the talk about the upcoming NFC-driven mobile payments revolution at the point of sale, new research from Oracle is throwing some cold water on the hype.

MECHANICSBURG, Penn. – Members 1st FCU said yesterday it has replaced its existing e-mail security solution with ZixCorp Email Encryption Services.

Ontario Systems has hired Rozanne Andersen as vice president, compliance and government affairs, effective May 9. Andersen will be Ontario’s in-house legal and compliance expert.

The Federal Trade Commission, in testimony before the House Committee on Energy and Commerce, on Wednesday, recommended that Congress pass legislation requiring companies to implement "reasonable security policies and procedures" and to notify consumers when there is a security breach.

Citing convenience and low interest rates, many credit cardholders prefer to leave a balance on one or more credit cards and accept revolving as a way of life, and this is helping issuers to generate more interest income, new research suggests.

UC Mobile Corp. has entered China’s mobile-payments market in partnership with Alipay, the country’s largest independent online-payment platform based on transaction volume, the company announced April 21.

CHICAGO—At least one industry observer believes increasing contactless-payment adoption could help the United States to migrate to EMV chip-and-PIN technology and eventually to widespread mobile payments.

Borrowing on credit cards is close to bottoming out, according to lenders, but the nation's biggest players have had to cede market share during the sharpest contraction in the industry's history. Now they are increasingly fighting for the same kinds of customers.

WARMINISTER, Penn. – Freedom CU has introduced My Deposit Mobile, a remote deposit capture solution for Apple iPhone’s offered by CO-OP Financial Services.

Brihanmumbai Electricity Supply and Transport Co. soon will enable consumers to pay their electricity bills though their mobiles phones.

CHICAGO—New technology and its associated costs are causing a dilemma in the United States payments space as the industry needs to determine when to adapt without falling too far behind other countries, an executive from the Federal Reserve Bank of Atlanta told attendees here during a panel discussion May 3 at the Smart Card Alliance’s annual conference.

The Federal Trade Commission has settled cases with two companies that failed to use "reasonable and appropriate security measures" to protect personal data on nearly 65,000 employees.

ATLANTA – CRIF, the Italian financial services provider, continued its buying spree of credit union lending software companies with the acquisition of Cypress Software Systems, the company announced this morning.

Sony Corp. is reporting that 12,700 credit and debit card numbers and expiration dates were exposed in a separate database from that affected by the massive PlayStation breach.