Two organizations that serve major U.S. banks are studying diverse mobile-payments projects around the world and hope to issue within the next 60 days recommendations for financial institutions to follow in this country. The effort, spearheaded by representatives of The Clearing House Payments Co. LLC and the Financial Services Technology …

Since its launch last April, PayPal Inc.'s m-commerce service, PayPal Mobile, has built an attractive portfolio of original equipment manufacturers (OEM) and brands that want to sell direct to consumers. The list includes Fox Home Entertainment (DVDs), Sony BMG (CDs), NBC/Bravo (television-show merchandise), and the National Basketball Association (team- and …

Visa USA has signed up an undisclosed number of member financial institutions to use a new m-commerce technology platform the card network announced this week that ties together a wide range of functions, including contactless payment, over-the-air personalization (OTA), couponing, mobile banking, Internet payment, and person-to-person (P2P) funds transfers. A …

December was an ominous month for banks, retailers, processors, and other service providers concerned about the safety of the Internet commerce channel. Although the reported number of phishing incidents declined in the last month of last year, that drop masked alarming increases in the number of malicious Web sites launching …