The ability to initiate payments with mobile phones has captured the imagination of many groups, including consumers, merchants, payment card brands and wireless carriers.

Visa Inc. is paying $190 million in cash to buy PlaySpan Inc., a private company that provides e-commerce services to developers of online games and smartphone applications, the card brand and network announced Feb. 9.

Commuters in the National Capital Region of New Delhi in India no longer will have to wait in queues for their subway tickets when the city’s Metro operator completes its rollout of a smart card-based system for handling fares.

Many banks have reported financial improvements, but their technology spending is still at a trickle.

Lakshmi Vilas Bank Pvt. bank has become the 10th bank in India to launch the Internet Mobile Payment Service in India, a spokesperson for the Karur-based bank tells PaymentsSource.

ONTARIO, Calif. – CUDL, a provider of indirect auto loan services for credit unions, introduced a new dealer portal website yesterday at the annual National Auto Dealers Association Convention and Expo.

As the mobile-payments ecosystem continues to take shape, Total System Services Inc., or TSYS, is dipping its toe into the pool for the first time through a partnership with a Singapore-based trusted service manager for financial institutions, retailers, transit operators and mobile-service providers.

Telefónica O2 UK Ltd. is adding its name to a growing list of wireless carriers planning to launch Near Field Communication initiatives to enable consumers to use their smartphones to initiate payment at the point of sale.

U.S. credit cardholders boosted their overall borrowing in December for the first time in more than two years, according to a Feb. 7 Federal Reserve G.19 report. But card issuers should not break out the champagne just yet, analysts say.

U.S. credit cardholders boosted their overall borrowing in December for the first time in more than two years, according to a Feb. 7 Federal Reserve G.19 report. But card issuers should not break out the champagne just yet, analysts say.

French bank Crédit Agricole SA has selected Gemalto NV to support its deployment of Near Field Communication mobile-payment services in Nice, the France-based technology provider announced Feb. 8.

The Consumer Financial Protection Bureau, the financial-services watchdog agency Congress mandated last year as part of the Dodd-Frank Act, on Feb. 3 launched its website, laying the groundwork for soliciting consumer complaints about credit cards and other financial-services products.

Two apps are better than one when launching mobile check-deposit services, at least for now, some banks say.

Lakshmi Vilas Bank Pvt. bank has become the 10th bank in India to launch the Internet Mobile Payment Service in India, a spokesperson for the Karur-based bank tells PaymentsSource.

FORT WORTH, Texas – Fort Worth City CU has added Integrated Media Management’s eDocs TotaleAtlasWeb solution to support members’ ability to securely sign documents away from a physical branch, at their convenience, anywhere 24/7.

Total System Services Inc., or TSYS, has entered into an agreement with Cassis International Pte. Ltd. to provide secure mobile-payment, loyalty and commerce functionality for NFC payments, the companies announced Feb. 7.

Sage Payment Solutions Inc. hopes to capture a new group of retail customers with the launch of a mobile service that provides small and midsize merchants lacking storefronts a low-cost option to accept credit and debit cards, the company announced Feb. 7.

MADISON, Wis.-With the never-ending buzz over what's new in technology, a new paper seeks to help credit unions, which operate with limited IT budgets, to separate the signal from the noise long enough to make smart investments.

DALLAS-An Internet technology consulting firm has filed suit against 33 financial firms, including one credit union, claiming the firms are infringing on its patent for authenticating a website or related services.

FULLERTON, Calif.-How much can you really say with just 140 characters? How about "I've got a college scholarship"?