The Grameen Foundation plans to expand its program that supplies technology for microfinance firms with new financial backing from MasterCard and Cisco.

At least five South Korean card companies have announced plans to launch separate smartphone-based services that would enable consumers to pay down balances owed on their credit cards, local newspaper JoongAng Daily reported.

Infinite Peripherals Inc. has developed a mobile point-of-sale device, the Linea-pro, for Apple Inc.’s iPod Touch designed to enable merchants to expedite consumer purchases.

Mobile phones may soon be able to initiate automated clearing house transactions from checks, an advance that could hasten adoption of wireless devices for business-to-business payments.

SAN DIMAS, Calif. – WesCorp FCU yesterday said it has chosen Viewpointe’s Pointe2Pointe check image exchange network to connect to the its check and image exchange partners.

VIENNA, Va. – Navy FCU has implemented RightNow’s Cloud Monitor to help it listen to conversations, respond to posts regarding the Navy Federal brand, and establish relationships with its members via the social Web.

PayPal Inc.'s mobile payment application has been downloaded more than a million times since it was released three weeks ago on Apple Inc.'s App Store.

With state attorneys general pursuing a growing number of cases against debt collectors and creditors, many collection industry insiders wonder whether they’ll ever get a fair shake.

Limits on issuers’ ability to manage risk represent the most substantial impact from a recent credit card regulation affecting United Kingdom card issuers and cardholders, Auriemma Consulting Group UK Ltd. concludes in a recent report.

Citizens living in the twin cities of Bhubaneswar and Cuttack in the Indian state of Orissa now have access to kiosks they may use to pay various utility bills and city taxes, an official from the state’s Information Technology ministry tells PaymentsSource.

SocialWise Inc. is planning to take the BillMyParents online payment system it launched last year mainstream through an advertising blitz.

From the April 2010 issue of ISO&Agent magazine.

From the April 2010 issue of ISO&Agent magazine.

BREA, Calif. – Evangelical Christian CU has selected Arcot’s A-OK On Demand Cloud Authentication Service to provide secure online financial transactions for the credit union’s church, Christian school and missionary account holders in more than 100 countries.

In its annual report to Congress on the Fair Debt Collection Practices Act (FDCPA), released last week (see story), the Federal Trade Commission's methodology for analysis paints an incomplete and inaccurate portrayal of consumer complaints against the third-party collection industry.

G-Xchange Inc., a wholly owned mobile-commerce subsidiary of Globe Telecom Ltd., is partnering with mobile-payments provider Boku Inc., an official from Manila-based telecommunication company Globe Telecom tells PaymentsSource.

To help small, independent retail chains gain more loyal customers, a United Kingdom-based electronic payments provider is introducing a loyalty scheme that involves a contactless card.

Investing in advanced consumer self-service technology and internal workflow applications can be critically important for companies working to manage the many treatment options available for financially troubled consumers. Each technology can play a key role in choosing the right treatment to keep consumers paying, many collection industry insiders say.

WOBURN, Mass. – 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 FCU.

The Federal Trade Commission announced Friday that it has issued its annual report on the Fair Debt Collection Practices Act to Congress.