When Aspire FCU rolled out Check 21 services three years ago it went directly to Direct Fed. The move has paid huge dividends, according to Branch Operations Manager Elaine Meredith.

ADA, Mich.-A true Software as a Service mortgage platform has enabled one CUSO here to more than triple its lending volume while keeping staffing costs minimum.

Rushikulya Gramya Bank in the Indian state of Orissa soon may become the first regional rural bank to issue debit cards to its customers that require biometric authentication, an official from the bank tells PaymentsSource.

Residents of the Bangladesh city of Dhaka soon may use contactless prepaid cards to pay bus fares, an official at private operator Suchana Associates Bus Co., tells PaymentsSource.

The best consumer confidence reading since September 2008's financial meltdown and bullish earnings reported this week by a range of leading companies - including UPS and Whirlpool - show rising demand and an economic rebound is gathering steam.

Small-business owners’ confidence rose in April, and a growing number are reporting improving business conditions, according to new data Discover Financial Services released this week.

REDWOOD CITY, Calif. – DigitalPersona said it signed five credit unions for its DigitalPersona Pro fingerprint authentication system.

MARLBOROUGH, Mass. – Digital FCU has rolled out Mobile PC Deposit, an application that allows qualifying members to deposit a check using multiple smartphone platforms, including Apple's iPhone and Google's Android phone.

Square Inc. has finally shared some of the details about its mobile card acceptance system, but payments executives still feel as if they haven't heard the whole story.

Fidelity National Information Services Inc. said that even though consumers are willing to use online person-to-person payments, banks have to be proactive in making the service visible.

Toronto-Dominion Bank's mobile banking application has been downloaded more than 100,000 times in the first 10 days since its release.

MCALLEN, Texas – Security First FCU said it has renewed it contract with Edcomm Banker’s Academy for a third year of comprehensive financial services training.

SAN DIEGO – Mission FCU, an avid sponsor of community affairs, has implemented software form Profits4Purpose to track employees’ donations and participation in community events.

OGDEN, Utah – America First FCU said it has contracted with Fiserv to implement the company’s new person-to-person payment solution.

CHANTILLY, Va. – Electronic biller Online Resource Corp on Monday announced it was granted a patent by the U.S. Patent and Trademark Office for a broad range of biller service provider bill payment transactions.

The Loan Modification Scam Prevention Network has launched a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state and federal enforcement agencies. The group is led by Fannie Mae, Freddie Mac, the Lawyers' Committee for Civil Rights Under Law and NeighborWorks America.

Apple Inc. has the power to make mobile payments huge, but not quite in the way bankers hope.

The Single Euro Payments Area, an initiative the European banking industry launched in 2002 to link European Union and other euro-based countries’ separate national payment systems into a standardized system, remains a work in progress. And not everyone believes the European Payments Council, which is responsible for the initiative that has seen several delays already, can complete the task by December 2012, as the European Commission has proposed.

Visa Inc. has launched the first Visa-branded, multifunction prepaid card in Singapore that enables users to pay for trips on Singapore’s public transportation system and for purchases at merchants that accept Visa cards for payment, the card company announced April 22.

Visa Inc.'s planned purchase of CyberSource Corp. shows that the payments company is serious about mobile commerce — and the potential risks of this emerging channel.