American Express Co. is hitting the streets in Eugene, Ore., to promote Serve, its digital wallet for those consumers who are turned off by the elite branding of its main product line.

Trustwave Holdings Inc. needs to raise money and apparently believes the nation’s economic environment has improved just enough for an initial public offering to achieve that goal, one analyst contends.

Credit Unions now may offer their entire customer base, including those who do not bank online, the option to bank and make payments using their mobile phones through Tyfone Inc.’s enhanced mobile-banking service.

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.

New York’s Metropolitan Transportation Authority has developed a Concept of Operations for use in establishing a contactless fare-payment system, the transit agency announced April 22.

Credit quality is improving for Capital One Financial Corp., but the bank and card issuer expects loan growth to continue to be slow as competition for new customers intensifies.

Square Inc. is making its smartphone magnetic stripe card reader available through Apple Inc.’s stores and website, but the move has left one observer unimpressed.

Green Dot Corp. has established a new division to serve government agencies.

Many banks' mobile strategies have hinged on getting smartphone applications to market as fast as possible, but now the early adopters are moving on to the next step — making sure those apps live up to consumers' expectations.

SALEM, Ore. – Oregon Employees FCU has contracted with doxo to use the company’s digital file cabinet to help its members organize household accounts and important documents.

Visa Inc. is working with clothing retailer Gap Inc. to deliver discounts to cardholders via mobile phone SMS text messages.

A Pennsylvania woman filed a federal lawsuit Wednesday against Target Corp. and its law firm over the department store's collection practices, claiming false affidavits were used to go after customers who allegedly owed money to a subsidiary bank that issues the store's credit cards.

ALXANDRIA, Va. – CommonWealth One FCU has teamed with Intuit Financial Services to offer its members Mobile Web and Text Banking.

ALPHARETTA, Ga. – Financial Management Solutions, Inc. yesterday rolled out its Lobby Tracking System on the Apple iPad.

Payment-terminal software applications are poised to play a significant role in the Near Field Communication payment ecosystem.

The Republic of Botswana’s First National Bank has launched a mobile wallet for its customers in the African country, a spokesperson for the bank tells PaymentsSource.

Sears Holding Corp.’s Kmart department stores have begun offering an improved version of Western Union Co.’s walk-in bill payment service.

Merchant processor WorldPay is reselling mobile-payments technology from vendor CellPoint Mobile that will allow clients’ customers to conduct transactions in several ways.

Finnish handset maker Nokia Corp. is working with Near Field Communication technology developer Proxama Ltd. to develop loyalty and advertising applications, the companies announced April 19.

SAN BERNARDINO, Calif. – Alta Vista CU has signed with IMN to implement the company’s Member Adviser solutions electronic communications solutions.