LEXINGTON, Ky.-Regulation E may pose a threat to courtesy pay revenue, but it also had a strange side-effect at Metro Employees CU.

Thanks to social media, Navy Federal has begun to hear from an entirely new segment of its membership: members who use Twitter aren't they type of people who call in or visit a branch, said Strahle.

The road to the widespread rollout and adoption of Near Field Communication mobile payments may be littered with potholes and speed bumps, but payments-industry executives still hope the technology can make a significant splash in the United States.

HDFC Bank Ltd. has become the first bank in India to issue chip-based credit cards that comply with the international EMV antifraud standard, an official from the Mumbai-based bank’s credit card operations tells PaymentsSource.

The Federal Trade Commission has created a “teaser” website for a fictitious lending company that warns consumers about how easy it is to be fooled by scammers charging upfront fees for bogus loans. The site also explains how to spot and avoid loan scams.

Socialwise Inc.'s BillMyParents envisions a future where teenagers' spending becomes more social in nature — and parents can put a curfew on their kids' spending if necessary.

Software platforms that have enabled developers to create payment applications for use on Apple's iPhone and social-networking websites will have a significant effect on the payments industry over the next decade, David Evans, founder of Market Platform Dynamics, said.

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Major U.S. merchants are ready to deploy EMV chip-and-PIN card technology as the strongest barrier against point-of-sale card fraud, but card issuers and networks are blocking their path, Jamie Henry, director of payment services at Wal-Mart Stores Inc., said this week at the Smart Card Alliance’s annual meeting in Scottsdale, Ariz.

Maxis Communications Ltd. has inked a payments deal with online-payments provider PayPal Inc., the Kuala Lumpur-based telecommunication operator announced last week. The agreement represents the first such deal worldwide between a mobile-network operator and an online payment-service provider, the telco says.

Smartphone-based transactions represent an opportunity to grow the U.S. card-acceptance market, which largely has become saturated and commoditized because many brick-and-mortar merchants already accept card payments.

EATONTOWN, N.J. – First Atlantic FCU has added MerdianLink’s automated loan origination system for origination and processing.

HELENA, Mont. – Helena Community CU has implemented AltiGen Communications’ Microsoft-based VoIP business phone systems and Unified Communications solutions.

BALDWIN, N.Y. – Town of Hempstead Employees CU has extended its relationship with Integrated Media Management to include the company’s TotaleReceipts and TotaleChecks solutions.

Banks have devoted much of their mobile banking efforts to making apps for Apple Inc.'s popular iPhone, but a rival system may be more important to consumers who handle their finances by phone.

OGDEN, Utah – American First CU has signed with HP Middle East to implement the company’s HP MPS Smart Decision Suite – tools aimed at helping enhance managed print services delivery and mobile printing.

PORTLAND, Ore. – Unitus Community CU has deployed the MeridianLink System automation system.

MANHATTAN BEACH, Calif. – Kinecta FCU has gone live with Halogen Software’s eCompensation pay-for-performance solution.

ANN ARBOR, Mich.-A new study has found a slight decline in levels of consumer satisfaction with online banking, even though the overall score remains high, with CUs strongly outperforming banks overall.

ORLANDO, Fla.-Financial services providers, including credit unions, have raced to provide as many delivery channels as customers/members demand. But that has raised a new challenge and potential for either high levels of customer/member satisfaction, or frustrating dissatisfaction: integration of those channels.