Countering the perception that they’re not as tech-savvy as their banking brethren, credit unions are adopting imaging ATMs at a greater rate than banks, according to new findings from Celent LLC. In fact, when it comes to adoption of 14 tech-related services or operations for branches, including imaging ATMs, credit …

First gift cards went virtual, and now they’re going mobile. Portland, Ore.-based Giftango Corp. introduced on Wednesday a software developer’s toolkit that mobile developers can use to let users receive gift cards while staying within a mobile application. Giftango, which manages both plastic and virtual gift cards for merchants and …

Already a force in remote deposit capture and specialty deposit and payment services, privately held BServ Inc.’s BankServ on Tuesday announced that it would acquire a pioneer in the remote capture niche, Zions Bancorporation’s wholly owned NetDeposit LLC subsidiary. The combined operation will serve more than 100,000 business locations and …

With the nation’s largest bank processor on board, mobile remote deposit capture seems likely to get a big boost beyond its early-adopter phase of a handful of pioneering financial institutions. Brookfield, Wis.-based Fiserv Inc. on Wednesday announced the launch of the service it dubs Mobile Source Capture, which allows a …

Proximity payments using mobile phones and micro Secure Digital (SD) cards took an important step toward commercial reality in the U.S. market with the news that Bank of America Corp. will start a pilot next month in the New York area. While the news is of yet another pilot at …

Overall automated clearing house transaction volumes grew only 1.5% in the second quarter versus the year-earlier period, but most of the electronic-check ACH applications grew faster. The notable exception was ARC, for accounts-receivable conversion of bill payments sent to lockboxes. Continuing a trend that started two years ago and likely …

Merchant processing is one of the bright stars in U.S. Bancorp’s firmament, and Mike Passilla, the new boss of the Minneapolis-based banking firm’s Elavon merchant-acquiring subsidiary, aims to keep payments shining. Passilla on Monday became president and chief executive of Atlanta-based Elavon, which serves 1.2 million merchants in North America …

In a move that could generate significant incremental sales on its Android Market, Google Inc. is reportedly in talks with eBay Inc. about using PayPal as a payment method for applications that run on its hugely popular Android operating system for smart phones. But the talks aren’t likely to open …

In relaunching a debit rewards card for the QuikTrip Corp. convenience-store chain this week with a new issuer and new payment card network, specialty debit processor Tempo Payments Inc. plugged Discover Financial Services into the decoupled-debit market. And after concentrating on non-profits for the past year, Tempo says more Discover-branded …

With the Federal Reserve set to begin offering on Monday same-day clearing of automated clearing house transactions (Digital Transactions News, July 13), some industry observers are starting to push for a rules change that would mandate banks’ participation in this or a like service. “We either need a core [of …