ENGLEWOOD, Colo.-What do new Reg E and interchange rules portend?

ST. PETERSBURG, Fla.-From PSCU Financial Service's perspective, the coming year is about CUs saving money and gaining efficiencies to deal with revenue threats-but it's also about taking advantage of growth opportunity.

MCLEAN, Va.-SAGE Payment Solutions is putting R&D dollars toward technology that will allow credit unions to compete with big banks on payment processing.

SAN DIEGO-For nearly all CUs the second-half forecast will look similar to the first half's: find ways to reduce operating expenses and improve efficiency ratios by evaluating their IT systems.

SAN DIEGO-Despite tight budgets, credit unions will be opening purse strings for new core systems and considering outsourcing in Q3 and Q4.

MasterCard Worldwide on June 3 introduced an application designed to enable cardholders with Apple Inc. iPhones to initiate person-to-person funds transfers between MasterCard accounts. But thus far just one U.S. banking company is supporting the service.

Bus passengers in the United Arab Emirates city of Sharjah now may use smart cards to pay their fares, an official for the Sharjah Public Transport Corp. tells PaymentsSource.

China Mobile reportedly is delaying deployment of an RF-SIM contactless-payment technology based on a standalone 2.4-gighertz frequency and instead is adopting SIMpass, a contactless card that uses a 13.56-megahetz radio frequency and that is fully compatible with the widely accepted Near Field Communication standard.

The Federal Trade Commission named several new defendants and added charges concerning so-called "forensic audits" to its lawsuit against an operation that allegedly bilked homeowners who were trying to lower their mortgage payments. The action is part of an ongoing crackdown on scams that target consumers who are behind in their mortgage payments or at risk of foreclosure.

A growing number of mobile payments companies are promoting systems that charge purchases to users' phone bills rather than credit or debit cards.

PURCHASE, N.Y. – MasterCard yesterday announced the roll out of a person-to-person money transfer service for iPhone and iPad users.

Four out of five U.S. households with Internet access now bank online, suggest the results of a Fiserv Inc. survey released May 25.

Four out of five U.S. households with Internet access now bank online, suggest the results of a Fiserv Inc. survey released May 25.

LATHRUP VILLAGE, Mich. – Michigan First CU has installed Integrated Media Management’s TotaleAtlasWeb to support its members' ability to securely complete loan documents away from a physical branch, at their convenience and at any location.

FICO, the provider of the ubiquitous credit score, last week said its FICO Labs was awarded eight new patents by the U.S. Patent and Trademark Office covering credit score interpretation, fraud detection, credit line optimization and other analytics.

Banks that want a partner network to help them offer remittances now have more options, and at least one of the alternatives is gaining traction.

Frost & Sullivan recognizes LiveVox Inc. with the 2010 U.S. Frost & Sullivan Award for Contact Centers’ Choice: Best Brand of Hosted Outbound Customer Contact Solution in the U.S. Market, based on its independent research report 2010 U.S. Contact Center Market: Trends in Contact Center Strategies, Operations, and Technologies.

PLAINFIELD, Conn. – United Business & Industry FCU has implemented VSoft Corp.’s Branch Item Capture solution.

BATON ROUGE, La. – La Capitol FCU said it has agreed to install TRC Interactive’s CreditUnionTrainingOnline for its credit union-wide training needs.

MasterCard Inc. hopes that the wisdom of crowds will help it eliminate the need to build alternative payment systems.