China Banking Corp. has launched in the Philippines a mobile version of its online-banking service customers may use to inquire about account balances, transfer funds and pay bills, the Manila-based bank announced Jan. 6.

China’s second-largest mobile-network operator China Unicom has begun offering a contactless mobile-payment service in Beijing.

Banks’ “all-in-one-place” marketing for online bill-payment services is helping them gain more customers who pay their credit card debts through their online-banking sites instead of through their issuers, new research findings suggest.

Banks’ “all-in-one-place” marketing for online bill-payment services is helping them gain more customers who pay their credit card debts through their online-banking sites instead of through their issuers, new research findings suggest.

Bigger merchants are breaking free of the confines of the cash register with mobile technology originally designed for mom-and-pop stores.

SAN ANTONIO – Security Service FCU has installed Kiva Group’s Respect 7 unified teller solution across all of its service centers.

TAMPA, Fla. – Grow Financial FCU said yesterday it is expanding its relationship with Wolters Kluwer Financial Services by joining the company’s AppOne platform.

Qatar National Bank Ltd. has upgraded its eazypay mobile-payment platform to include merchant transactions, the Doha-based bank announced Dec. 29.

Intuit Inc. is offering its GoPayment mobile-payment service with free card readers and no monthly service fees to small merchants who sign up by mid-February, the Mountain View, Calif.-based company announced Jan. 10.

Coalfire Systems, a qualified security assessor for PCI issues, has deemed Heartland Payment Systems Inc.’s E3 magnetic stripe card reader wedge as valid to minimize certain payment security compliance requirements for point-of-sale system developers, the processor announced Jan. 10.

Liquor-store chain Beverages and More! has installed VeriFone Systems Inc.’s VeriShield Protect encryption product, the terminal maker announced Jan. 10.

American Express Co. has appointed Toby Eduardo Redshaw executive vice president and chief information officer, replacing Stephen Squeri, who was promoted. Redshaw previously was global chief information officer for Aviva PLC.

Mopay Inc., a Germany-based mobile-payments company, anticipates that the fees charged for purchases applied to mobile-phone bills will decrease significantly by the end of the year.

Newly released terms of the Small Business Lending Fund are fueling fears that may discourage participation in the program.

FORT LAUDERDALE, Fla. – BrightStar CU said it signed a multi-year contract with Connect Financial Software Solutions for the company’s consumer suite of Internet banking services, Online Financial Management, and other services.

Average U.S. consumer bankcard and private-label credit card charge-offs fell again in November, and that trend may continue into this year, according to new data Fitch Ratings Inc. released Jan. 4.

U.S. consumers would be able to use their smartphones to pay, collect and redeem coupons, and price-compare products and services both online and in stores under a partnership deal ARS Interactive and CellPoint Mobile announced Jan. 6.

PayPal Inc. weathered last month's Internet attacks better than most of its rivals, but it still has been more outspoken than anyone else about its need for improvement.

Person-to-person payments systems are maturing into a business tool.

After another year in which legislators and regulators rewrote the rules of the game in the payments industry, equity markets have rendered provisional judgments on which companies face the worst handicaps.