AisleBuyer LLC, a Boston company, is selling mobile software that enables a consumer to scan an image of a payment card and use it to pay for in-store and online purchases.

Corporation Bank Ltd. has launched a mobile wallet to enable its customers to make purchases with their mobile handsets, a spokesperson for the Mangalore-based bank tells PaymentsSource.

PASADENA, Calif.-Some financial institutions offer mobile banking. Some host a Facebook page. Wescom Credit Union here is the first to launch a mobile banking application with a Facebook link built into each transaction.

OLYMPIA, Wash.-EvergreenDIRECT CU here reports it stands to save about $60,000 per year on EFT processing after hiring DaLand Solutions to keep vendors honest on pricing.

ALEXANDRIA, Va.-You don't need a sexy iPad to score big sales in the field, according to a $130-million credit union here that signs up most of its members by going out into the world with tried-and-true Dell laptops.

PALO ALTO, Calif.-Life is often easy for fraudsters, because credit unions allow members to log-in to Internet banking using a password, image or challenge question.

ANCHORAGE, Alaska-Credit Union 1's new sales technology and culture is a success: each member has an average of five accounts.

POUGHKEEPSIE, N.Y.-Look for thousands of "shiny, new" ATMs to crop up as credit unions respond to growing fraud and comply with next year's deadline for the American with Disabilities Act.

NORTH CANTON, Ohio-Skimming can be prevented if credit unions regularly inspect their ATMs, said Terrie Ipson, marketing manager for ATM security, Diebold, Inc. "Most skimming devices are applied with tape or glue that will leave a residue. Vigilance in the inspection of the terminal can enable faster identification of problems."

BROOKFIELD, Wis.-Fiserv said its recent acquisitions of three different companies are part of a broader strategy to continue to expand offerings.

Bank of America Corp. is cutting 1,500 mortgage positions nationwide, mostly in processing and underwriting roles.

NCO Group Inc., a Horsham, Pa.-based accounts receivable management firm, announced that subsidiary NCO Customer Management Inc. has launched a Community Technology Center (CTC) facilitated by Microsoft in Panama City, Panama.

Jeroo Inc. said it is testing a mobile payment technology called Scan&Ship Enterprise.

SCHAUMBERG, Ill. – Discover Financial Services is the latest entry into the person-to-person payments market, introducing a service last week that will allow customers to send money from their phone to anyone with an e-mail address or mobile phone number.

The Federal Trade Commission told a House subcommittee this week that millions of consumers are victims of identity theft each year at a cost of billion of dollars and countless hours of consumers’ time to repair the damage.

Lawmakers from both political parties sharply criticized the banking regulators on Thursday for their risk-retention proposal, arguing it will lead to a credit crunch.

DALLAS – Neighborhood CU will install Imprivata’s OneSign Single Sign-On and Authentication Management solution.

ATLANTA – CRIF Lending on Thursday said it has provided an interface that connects the CRIF ACTion loan and account origination solution, CUNA Mutual Group’s LOANLINER Document Web Service, and Integrated Media Management’s electronic signature solution.

Momentum for the EMV smart card security standard, common in many European countries, grew this week with JPMorgan Chase & Co. and Wells Fargo & Co. announcing plans to start issuing EMV cards to U.S. customers this summer.

For the major card brands, emerging global markets that broadly lack access to financial services likely will represent the greatest earnings potential for mobile-payments initiatives, concludes a report from Macquarie Equities Research Group.