The Chicago Transit Authority has moved into the next phase of launching an open-loop electronic fare-collection system that would accept contactless card and mobile payments, the organization announced Sept. 28.

Jack Henry & Associates Inc.'s ProfitStars division has begun offering Mitek Systems Inc.'s mobile remote-deposit capture software, pairing it with its own Alogent Mobile Remote Deposit system.

Research In Motion Ltd. is expanding the payment capabilities of its BlackBerry smartphones.

NCR Corp. said Wednesday that it is providing a mobile banking system to customers of Hancock Holding Co.'s Hancock Bank.

MasterCard Inc. has developed a prepaid card that can be loaded with multiple currencies, each stored in a separate account.

A Web-based incentive company is hoping Facebook Inc.’s virtual currency system can become a more-effective and less-expensive way for Internet retailers to develop consumer loyalty.

ICICI Merchant Services Pvt. Ltd.’s Internet payment gateway soon will begin enabling India’s online merchants to accept MasterCard Worldwide’s Maestro PIN-debit cards, the India-based company announced on Sept. 27.

Masabi Ltd. has secured $2 million from m8 Capital, a United Kingdom-based mobile-technology investment company, to aid in the global rollout of a barcode-based mobile application designed to enable consumers to purchase train tickets using their mobile phones from any location, London-based Masabi announced on Sept. 28.

Consumer confidence fell in September as pessimism about the economy increased, The Conference Board Inc., a New York-based research organization, reported Sept. 28.

The Members Group, which does business as TMG, a financial-services provider to credit unions and community banks, is offering a means to combat ATM card-skimming attacks with a suite of services from ADT Security Services Inc.

Inside Contactless is providing what it calls “dual-interface chips” for the contactless cards being used in a pilot for First Data Corp.’s debit card fraud-protection product, the France-based chip manufacturer announced Sept. 28.

UAE Exchange Inc. has signed an agreement with MasterCard Worldwide to offer MasterCard’s MoneySend service in the United Arab Emirates for outbound remittances to the Philippines, according to the Dubai-based remittance and foreign exchange provider.

No one knew exactly how much revenue banks stood to lose from the new overdraft regulations. But nearly everyone assumed it was a big number.

The Federal Trade Commission is mailing checks to 14,023 consumers who were victims of ChoicePoint’s alleged failure to have a comprehensive information security program to protect consumers’ personal information, as required by a previous court order.

Obopay Inc. is trying to simplify its payments system with text messages.

Suppose your bank's retail customer wants to use a mobile phone to accept credit cards at a garage sale she's planning. MasterCard Inc. has an app for that.

Small-business owners’ confidence rose slightly in September, halting a three-month decline as more business owners’ cash flow improved, according to new survey data Discover Financial Services released Monday.

Moneta Corp. is changing its name to Rialto Commerce and plans to refocus its strategy. Instead of working directly with banks, the company plans to work with service providers to persuade their client banks to adopt its online-payment service, PaymentsSource has learned.

U.S. law-enforcement officials are investigating a security breach involving “a limited number” of PIN-debit terminals deployed at Aldi grocery stores, a spokesperson for the Batavia, Ill.-based company tells PaymentsSource. Aldi stores accept only PIN-debit transactions and cash for payment at the point of sale.

More consumers are using mobile phones to pay bills, but specifically how they are doing so requires more study, according Fiserv Inc., which identified the gap in information earlier this year when it polled 2,000 households as part of the technology company’s 2010 Billing Household online survey (see story).