Consumers in the United States generally believe their credit card companies treat them fairly but anticipate some changes under the Credit CARD Act affecting their overall card usage, new research from New York-based management-consulting firm Auriemma Consulting Group suggests. Auriemma conducted the research through an online survey in August.

U.S. Bancorp is teaming with Monitise PLC to offer mobile-banking services to the bank’s Visa-branded AccelaPay relodable prepaid payroll card.

National Payments Corp. of India in November reportedly plans to launch a payment system that would enable consumers in that country to transfer funds for free to any account in India held by participating financial institutions using their mobile phones.

Corpus Christi, Texas-based NavyArmy Federal Credit Union has signed with ATM maker Diebold to implement the company’s new mobile banking solution.

SecureKey Technologies Inc. has developed a way to turn any computer into a contactless payment terminal, bringing the improved security of contactless payments to e-commerce — without requiring online merchants to do anything to their systems.

PayPal Inc. is acting more like a bank these days and the addition of a mobile remote-deposit capture feature to its Apple Inc. iPhone application is helping solidify that view, according to one industry observer.

Commuters in the city of Mumbai will have to go through a process of documentation and verification before using their contactless smart cards on the city’s soon to be launched Metro and Monorail service.

Latham, N.Y.-based Sunmark Federal Credit Union has introduced a mobile banking application that will allow members to conduct financial transactions and to voice opinions about the credit union’s products and services.

The technology officer of a payday loan marketer has agreed to pay $850,000 to settle FTC charges for his role in an allegedly deceptive and unfair scheme that debited the bank accounts of hundreds of thousands of consumers in violation of federal law.

A settlement involving the top two payments networks over their merchant acceptance policies gives retailers more clout to promote the use of cheaper cards, but an analyst doubts many businesses will change their practices.

LATHAM, N.Y. – Sunmark FCU has introduced a mobile banking application that will allow members to conduct financial transactions and to voice opinions about the credit union’s products and services.

Participants in a cross-industry forum to help develop U.S. mobile payments technology are nearing completion of a white paper that aims to identify the significant obstacles and opportunities facing the industry, Richard R. Oliver, executive vice president of the Federal Reserve Bank of Atlanta, told attendees Oct. 5 at SourceMedia’s ATM, Debit & Prepaid Forum in Phoenix, Ariz.

Bling Nation Ltd.’s deal with Fifth Third Processing Solutions LLC could give them the entree they need to promote the company’s postage-stamp-sized contactless payment sticker across the country.

Students and staff at The London School of Economics and Political Science may use a single contactless card to access school facilities and make purchases on campus using technology developed by United Kingdom-based electronic funds provider sQuid. The school is issuing the cards to new students, and it will enable existing students and staff to upgrade their older cards by yearend.

ItzCash Card Pvt. Ltd. has become India's first multiservice prepaid company to receive a license from the country’s central bank to operate a mobile wallet, a spokesperson for the Mumbai-based company tells PaymentsSource.

Looking to boost resources to meet an expected spike in demand for mobile financial services, ClairMail announced a $13.9 million infusion from VCs including Investor Growth Capital (IGC), a Stockholm firm that specializes in growth-stage tech firms.

BAKERSFIELD, Calif. – Kern Schools FCU has signed with Fiserv to implement the company’s XP2 account processing platform.

The National Bank of Rwanda has set guidelines for mobile-phone payment systems in that country, according to a notice on the institution’s website.

CORPUS CHRISTI, Texas – NavyArmy FCU has signed with ATM maker Diebold to implement the company’s new mobile banking solution.

Mobile banking and melding credit union cultures following mergers will be two of the most pressing issues facing the movement in the coming 12 months.