The ongoing fight between Square Inc. and rival VeriFone Systems Inc. around payment security highlights the lack of common technical standards for mobile acceptance devices.

For the 11th consecutive year, identity theft topped the Federal Trade Commission’s annual list of consumer complaints. Credit cards ranked 10th in 2010, according to the FTC, which released the list March 8.

Consumers in India might have to pay fees if they want to manage their bank accounts through their mobile phones, according to a Reserve Bank of India official.

With online orders on the increase, Domino’s Pizza Group Ltd. in the United Kingdom has decided to add PayPal Inc. as a payment method, the global pizza chain announced March 7.

Competition to secure merchant users of mobile payment-acceptance services is on the rise. As a result, many companies have begun offering various options to appeal to small merchants.

The Federal Trade Commission will host a public workshop on April 28 to examine how debt collectors are using new technologies and how this affects consumers.

For some banks, social media is becoming much more than just a popularity contest on Facebook and Twitter.

Tanla Solutions Ltd. has launched a set of programming tools to allow micropayments within smartphone applications.

Regions Financial Corp. has updated its mobile banking capabilities to enable customers to transfer funds among internal accounts, pay bills and receive text alerts about balances and other details.

Hoping to appeal to small merchants looking for a means to process payment card transactions through mobile devices, Impact PaySystem LLC has begun offering a card-swipe device from iPhoneSwiper, initially for free, the companies announced March 5.

SAN DIEGO – Mitek Systems, which makes a popular mobile banking solution, has rolled out an application for mobile payments companies which it says offers consumers a convenient way to enroll their checking accounts.

PALO ALTO, Calif. – Addison Avenue FCU said it is using an online security system provided by Websense to protect its systems from malware, viruses, spam and other threats that may be picked up from social media sites.

Consumers shed $4.2 billion in credit card debt in January, erasing the previous month’s uptick that likely was caused by relatively robust holiday credit card spending, according to data the Federal Reserve Board released March 7.

Customers of Singapore Airlines Ltd. now may pay for their flights using their PayPal Inc. accounts, according to the Singapore-based airline.

Citizens in the Indian state of Punjab may pay their electricity bills online using bankcards under a new service the Punjab State Power Corp. launched on March 1.

Consumers shed $4.2 billion in credit card debt in January, erasing the previous month’s uptick that likely was caused by relatively robust holiday credit card spending, according to data the Federal Reserve Board released Monday.

CINCINNATI – Fifth Third Processing Solutions, which processes accounts for more than 1,000 credit union, said this morning it is introducing its own version of a mobile deposits solution, with 3i Infotech. The new solution, known as 3i Infotech eCapture mobile check deposit will allow credit union members to deposit paper checks anytime, anywhere by taking photos of the checks via their smartphones and submitting them through a secure electronic application provided by 3i Infotech. Fifth Third Processing and 3i Infotech will deliver the eCapture mobile check deposit solution to Fifth Third Processing’s customers via a software-as-a-service (SaaS) model. 3i Infotech provides the application, updates core banking systems and validates check images for Check 21 compliance using Mitek Systems' mobile IMagePROVE technology. Fifth Third Processing Solutions will integrate with its processing systems and thereby allow customers to get up and running quickly with minimal financial and technology investment. The initiative will begin with a pilot program involving Town and County Bank, based in Salem, Missouri. CINCINNATI – Fifth Third Processing Solutions, which processes accounts for more than 1,000 credit union, said this morning it is introducing its own version of a mobile deposits solution, with 3i Infotech.

CashEdge Inc. has landed Huntington National Bank as a customer for its person-to-person payments software, the New York-based vendor announced March 7.

American Express Co. cardholders that attend the South by Southwest Interactive music festival in Austin, Texas, later this week will be able to secure merchant discounts with their cards through Foursquare Labs Inc., the location-based mobile system that rewards consumers for using its service. Media reports say the two companies are piloting the system with 60 merchants at the festival and are offering a “spend $5, save $5” promotion.

LAS VEGAS-Criminals target ATMs for one simple reason-they contain cash. But there are a seemingly endless number of methods to try to steal this cash, according to Peter Kulik, VP of product management for Fifth Third Processing Solutions.