UMonitor’s financial-institution customers now may offer consumers person-to-person funds-transfer services to make payments via mobile phones or e-mail, the Web-based division of Memphis, Tenn.-based Parsam Technologies LLC reported on Sept. 14.

YAKIMA, Wash. – Yakima Valley CU has signed on to a new Internet Fraud Alert program being offered by Internet Identity in partnership with the National Cyber-Forensics and Training Alliance.

More than three-fourths of bank customers did not pay any debit card overdraft fees over a recent 12-month period, suggest survey data the American Bankers Association released Sept. 15.

Payment processor Global Payments Inc. will sell VeriFone Systems Inc.’s PayWare Mobile service in Canada, VeriFone announced Wednesday.

Mobile operator du, the commercially branded name of the Emirates Integrated Telecommunications Co., has launched an automated payment service to enable its postpaid customers to pay bills using their mobile phones, the Dubai-based company earlier this month.

A key U.S. banking regulator, concerned about the risk of exposure the government is taking on in the mortgage market, urged more stringent standards for underwriting mortgages.

Facebook Inc. wants more people to "like" its virtual currency system as it bids to become a more serious player in payments.

MINNEAPOLIS — T8 Webware is rolling out a Web-based application that enables community financial institutions to extend personalized debit card development capabilities to their customers and members online, from the convenience of any location.

ENGLEWOOD, Colo. – Dynamic Card Solutions, a provider of instant card issuance, on Tuesday said it has expanded the capabilities of its mobile payments personalization platform, known as CardWizard Perso-to-Go, to support personalization of near-field communication Micro SD cards.

JACKSON, Ark. – Arkansas FCU is among the first credit unions to integrate VSoft Corp.’s Home/Office Capture solution with S1 Corp.’s PM Systems WebFederal3 Internet Banking platform.

TUKWILA, Wash. – BECU has signed on to a new Internet Fraud Alert program being offered by Internet Identity in partnership with the National Cyber-Forensics and Training Alliance.

The Bank of Namibia late last month authorized Mobicash Payment Solutions Pvt. Ltd. to offer a new mobile-payment service in the country, according to a Mobicash spokesperson. The service, which is scheduled to launch in October, will enable the institution’s customers to use their mobile phones to pay for goods and person-to-person funds transfers.

State-owned telecommunication operator Bharat Sanchar Nigam Ltd. on Sept. 13 launched a service that enables customers who have credit cards to pay their telco bills using their mobile phones, according to a spokesperson for the India-based company.

The Federal Trade Commission stopped an operation involving individuals and companies that allegedly deceived consumers into paying for bogus credit cards, and then charged them illegal fees.

Card issuers within the past two years dramatically reduced consumers’ borrowing capacity to reduce the risk of losses during the recession. But new data suggest the bulk of the credit-line cuts came from closing inactive card accounts, not slashing active borrowers’ credit lines, Moody’s Investors Service noted in a report last week.

MasterCard Inc. is trying to reach the small but growing number of people who might be ready for mobile payments by sending them time-sensitive offers that can help them save money and become more comfortable using their phones to make purchases.

PayPal Inc. has hired an American Express Co. veteran, Leonard Shen, as its chief compliance officer.

SAN ANTONIO – United SA FCU has released United SA Mobile, a fully functional iPhone and iPod touch mobile banking application for local credit union members.

MEMPHIS, Tenn. – uMonitor is the latest vendor with a person-to-person payment solution, offering an application to its popular uTransfer account transfer solution.

ALBUQUERQUE, N.M. – New Mexico Educators FCU has become one of the first credit unions to go live with Integrated Media Management’s TotaliSign iPad application.