Many small businesses that do not use mobile bill-payment services are unlikely to use them in the near future, new survey data suggest.

Visa Inc. is making a bigger play in person-to-person payments by teaming with CashEdge Inc. and Fiserv Inc. for new options in money transfers to and from Visa cards.

Federal Bank Ltd. has become the latest bank to join the interbank funds-transfer service the National Payments Corp. of India launched last year, a spokesperson for the Kochi-based bank tells PaymentsSource.

TALLAHASSEE, Fla. – Credit Union 24 has selected NitroSecurity’s NitroView SIEM, Log Management, Database Activity Monitoring and Application Data Monitoring solutions to strengthen its corporate security strategy, and demonstrate compliance with the Payment Card Industry Data Security Standard.

TUKWILA, Wash. – BECU said it has implemented UC4’s One Automation Version 9, which allows enterprises to deploy, manage and extend automation technology across the enterprise.

“The Board of Directors determined that the completion of a transaction on acceptable terms was unlikely at this time and that the best course of action to achieve the highest shareholder value is to continue to aggressively pursue our long-term strategic growth plan,” said Joseph Cowan, president and chief executive officer of Online Resources. “We have identified clear objectives to re-focus and maximize our technology, products and organizational structure to drive revenue and earnings growth. We are bullish about the opportunities that lie ahead for Online Resources.” The company’s shares surged almost 50% January 21 after Online Resources disclosed it was evaluating unsolicited merger offers. No suitors were ever identified but industry experts said the most likely candidates were Fiserv, Jack Henry & Associates and Western Union. Meantime, Online Resources reported a $2 million loss for its fourth quarter, and a $4.2 million loss for its fiscal year. Fourth quarter revenues slid 1% to $37.8 million, while fiscal year revenues declined almost 2% to $149.5 million.CHANTILLY, Va. – Online Resources Corp. said this afternoon it has rejected potential takeover offers and will go it alone for the foreseeable future.

PayPal Inc. has paid LML Patent Corp., a wholly owned, indirect subsidiary of LML Payment Systems Inc., $7.5 million to settle a patent dispute that stemmed from an infringement complaint involving 19 other financial institutions, LML announced in a press release.

Google Inc.’s interest in Near Field Communication technology might be more about advertising than establishing its own payments network, observes one analyst.

American Express Co. cardholders borrowed less on using their cards in February compared with the two previous months, AmEx reported in a March 15 U.S. Securities and Exchange Commission filing.

International energy company National Grid PLC has begun offering electronic bills to its U.S. customers through Fiserv Inc.’s e-Bill Distribution system, the companies announced March 14.

Apple Inc. boasts that its iPhone “changes everything,” but against the expectations of many bankers, it may not be changing payments–at least, not this year.

Younger credit cardholders are more likely than the general population to apply for a new card in the next year, new survey data from Auriemma Consulting Group suggest.

Massachusetts Attorney General Martha Coakley's office announced Monday amendments to its Debt Collection Regulations that will modernize current regulations to include how companies may contact consumers by cell phone and through text messages.

Yespay International Ltd. has released its application programming interface specifications that merchants may use to integrate Yespay’s mobile-based services into their point-of-sale systems, the London-based payment-services provider announced on March 11.

Apple Inc. may not be building a contactless payment capability into its next iPhone.

The number of personal bankruptcy filings in February rose to 102,686, up 11% from January but down 8% from a year earlier, according to the American Bankruptcy Institute and the National Bankruptcy Research Center.

PORTSMOUTH, N.H. – Service CU has introduced its first mobile banking app and FinanceWorks, a free personal financial management system powered by Intuit’s Quicken.

American Express Co.’s plans to test an application program interface that connects its cardholders with social media giant Foursquare Labs Inc. creates a “powerful combination of digital behavior and spending behavior,” David Wolf, AmEx vice president of global marketing capabilities, tells PaymentsSource.

U.S. consumer credit card defaults declined again in January, reaching their lowest levels in more than two years as the economy gradually stabilized and more consumers were able to meet their payment obligations, according to new data from Fitch Ratings Inc. and Standard & Poor’s.

A year after testing mobile capabilities with its customers, Wow Bao, an Asian restaurant with three Chicago locations, is planning to launch a mobile gift card program with Mocapay Inc. by the end of April, PaymentsSource has learned.