The United States Supreme Court announced a decision Wednesday in a case that limits the scope of a defense provided to debt collectors who violate the Fair Debt Collection Practices Act (FDCPA) so as to exempt a legal error made in good faith, see story.

PORTLAND, Ore. – Unitus Community CU said it has signed with Geezeo to implement the company’s personal financial management web community platform.

Companies offering smartphone-enabled point-of-sale hardware and software applications are unlikely to capture business from providers of traditional wireless-payment terminals. The more likely outcome is that the two types of wireless devices will compliment each other, with the smartphone-enabled card acceptance attracting small mobile merchants that have avoided purchasing wireless terminals because of the cost, observers say.

Citing the continued effects of the economic downturn, Wells Fargo & Co. today reported a higher credit card charge-off rate on a slightly smaller pool of credit card receivables for the first quarter ended March 31 compared with the same period last year.

SAN FRANCISCO – Visa Inc. announced an agreement yesterday to acquire CyberSource, a provider of electronic payment, risk management and payment security solutions to online merchants, at a price of $26 a share, or about $2 billion in cash.

SANTA CLARA, Calif. – Silver Peak Systems said five more credit unions have signed for its data center class Wide Area Network optimization NX appliances platform.

Visa Inc.’s planned $2 billion cash purchase of CyberSource Corp., a payment-services and fraud-management provider, suggests the card company is serious about mobile payments–and the risks that the mobile channel may attract.

Experian, a global information services company, today announced that the national average commercial risk score is up 2.4% and overall delinquencies have declined since the beginning of the year.

MONTPELIER, Vt. – Vermont State Employees CU has signed with uMonitor to implement the company’s uOpen & uFund and uTransfer solutions.

Two multi-billion-dollar credit unions have expanded their remote deposit capture (RDC) services for members by launching the DeposZip Mobile program, including a suite of downloadable software applications for smartphones, from Vertifi Software, a subsidiary of Eastern Corporate Federal Credit Union.

Certegy Check Services reached an agreement with the Florida Attorney General's office this week to pay an estimated $1 million to settle charges related to a high-profile security breach in 2007.

Greater New Orleans FCU has launched a mobile banking and account alert service.

Interest in Roam Data Inc.’s mobile-payment service appears to be high among independent sales organizations. Most of Roam Data’s 35 resellers are ISOs, says Will Graylin, founder and CEO of Boston-based Roam Data.

BARTLESVILLE, Okla.-The computer network at 66 FCU here was sluggish at best; in the early morning business hours, tellers began to struggle with routine tasks such as retrieving e-mail or pulling up member accounts.

SAN DIEGO-After five years of development, a new core system created by the man behind two other major CU processing systems is about to take wing.

AUSTIN, Texas-Amplify FCU here tossed out a forsaken, high-maintenance sales system in January for a solution that takes the bull by the horns.

AUSTIN, Texas-The Econiq frontline sales solution may boost sales at Amplify FCU, but the icing on the cake is Econiq's suggestions about staffing levels, said Pierre Cardenas, SVP-retail.

BROOKFIELD, Wis.-Fiserv, Inc., a global provider of financial services technology solutions, announced the availability of its newest white paper, "Investment Services Perspective-Market Trends for 2010 and Beyond."

EAST HARTFORD, Conn.-Overtime pay has seen its day at American Eagle FCU here, and branch scheduling technology is helping employees adhere to a strict 40-hour work-week.

LAS VEGAS-Card fraud has slowed to a crawl at Clark County Credit Union here, and CIO Roy Holmstrom is wondering whether he should thank his card-fraud prevention system for the good news.