The number of consumers of all age groups who would or already use their phones to make purchases at the checkout increased to 40% this year, finds Bank of America Corp.’s “Trends in Consumer Mobility Report 2016,” released Tuesday. That’s up from 34% in 2015. Younger consumers—Millennials between 18 and …

• Banking and financial-services provider BNY Mellon announced its Treasury Services unit has introduced Tokenized Payments, a service that allows its clients to send real-time or next-day payments to consumers. The service relies on Early Warning Services LLC’s clearXchange network and allows payments using the recipient’s email address or mobile …

Visa Inc. on Tuesday reported that gas stations using a service it introduced two years ago to prevent card fraud at fuel pumps has reduced counterfeit fraud by 54%. Visa says that more than 35,000 U.S. gas stations now use its Visa Transaction Advisor technology at the pump, and that …

After a lot of talk, there’s about to be some action in same-day automated clearing house payments, according to NACHA, the ACH network’s oversight body. NACHA reported last month that nearly all of the nation’s biggest financial institutions plan to originate same-day ACH payments this year. The January-February telephone survey …

• The Federal Trade Commission is investigating PayPal Holdings Inc.’s popular Venmo mobile person-to-person payments service for possible “deceptive or unfair practices,” PayPal reported in a regulatory filing. PayPal said it received a so-called civil investigative demand March 28 from the FTC for documents and answers to written questions about …

• Prepaid card provider Green Dot Corp., under pressure from an activist investor to boost earnings, announced it would buy $50 million of its Class A common shares under an accelerated stock-repurchase plan.   • Remote deposit capture and mobile-payments technology provider Cachet Financial Solutions Inc. will continue to provide …

Automated clearing house governing body NACHA says nearly all of the nation’s biggest financial institutions plan to originate same-day ACH payments this year. The January-February telephone survey of executives at 22 of the nation’s top 25 ACH originators found that 95%, which works out to all but one of the …

Mobile payments funded through the automated clearing house network are not unusual, but a growing corps of processors and tech companies are working to increase the ACH’s share. As mobile payments begin what appears to be a long climb to general consumer acceptance, the major actors in electronic payments face …

• The nation’s movement toward faster payments took a step forward with Early Warning LLC’s announcement that it is now processing real-time peer-to-peer payments for Bank of America Corp. and U.S. Bancorp. Customers of these banks can send payments via mobile or online banking apps to other customers of either …

Some two-and-a-half years after it started, the Federal Reserve’s project to make U.S. payments faster and more secure is laying the groundwork for private industry to come up with something better than the mishmash that U.S. payments are today, but tangible results still could be years away. Fed officials and others …