JPMorgan Chase & Co. on Tuesday introduced what appears to be the first commercially available mobile remote deposit capture service for corporate entities. Widely known in electronic-payments circles for its TV ads for its consumer-based mobile check-capture product, Chase is now seeking new clients for its Image Deposit Direct Mobile …

n USAA, the financial institution that pioneered remote deposit capture, is suing Mitek Systems Inc., a leading vendor of software for the mobile version of RDC, claiming that Mitek stole its trade secrets and technology. n San Antonio, Texas-based USAA is seeking a declaratory judgment that it does not infringe …

  PayPal’s Triangulation Strategy   It was Visa Inc. that popularized “It’s Everywhere You Want To Be” as its slogan years ago, but these days it appears to be PayPal Inc. that’s living up to the old tagline.   First, the San Jose, Calif.-based eBay Inc. unit established itself as …

  Merchants that are tired of managing constant, disruptive software updates are likely to adopt Web-based software, which offers too many benefits to ignore and is more secure than you may think, argues Mike Townsend.   Web-based systems now cost less than many legacy systems, while also being more efficient …

  Gideon Samid • Gideon@AGSgo.com       Yesterday’s visionaries shocked their audience by proclaiming a distant reality of “a phone in every home.” Today’s visionaries proclaim “a home in every phone.” And an office too, and with it your school, your movie theatre, your bank!   Computers, entertainment systems, …

  What merchants increasingly want from an independent sales organization  is an all-in-one application developer, provider of business solutions,  and bundler of mobile and e-commerce data.  Forward-thinking ISOs are the ones that can tick off those boxes. By Peter Lucas Having difficulty figuring out the definition of an independent sales …

Countless news reports have reported or speculated about what Google Inc., Apple Inc., Amazon.com Inc., and Facebook Inc. have done or might do in mobile payments. Consumers, however, don’t rate these four companies as highly as they do their own banks or traditional payment companies in trustworthiness involving their financial …

n The earliest players in the increasingly crowded market for mobile-acceptance applications were software and hardware providers like Intuit Inc., Square Inc., and VeriFone Systems Inc. Lately, though, merchant processors like North American Bancard and Heartland Payment Systems have been getting into the game. n Heartland, which released an Android …

n Square Inc. kept up the pressure on the traditional merchant-acquiring industry on Monday by introducing a souped-up version of its iPad app for brick-and-mortar merchants called Square Register with enhanced business-management functions. Meanwhile, the Isis mobile-payments venture announced it has struck deals with the major U.S. point-of-sale terminal makers …

Merchant processor Square Inc. is seeking a piece of the booming payment card business in New York City taxicabs, a market that is currently the exclusive domain of VeriFone Systems Inc. and another company that provide TV content and card acceptance to 13,237 cabs. San Francisco-based Square is proposing to …