As the popularity of mobile remote deposit capture grows, some payments observers say the risk that checks might be deposited more than once may increase, as well. To be sure, there’s nothing new about the risk of duplicate checks. The problem has existed at least since the 2004 introduction of …

Collaboration between banks, mobile carriers and utilities could pave the way for enhanced services, including money transfers, says Eyad Hasan. Is there an ongoing dispute between banks and mobile service providers? Absolutely not. Eyad Hasan is senior project manager at EastNets Holding Ltd., with U.S. offices in Los Angeles and …

Jim Daly Could Congress be convinced to impose Durbin-style price caps on credit card interchange, the way it did with debit cards? Many regard such a scenario as a near impossibility, but hope springs eternal. Unless they’re public-sector contractors, retailers and other business people usually say they want government out …

Troubled point-of-sale terminal maker VeriFone Systems Inc. on Monday announced sweeping changes in its management ranks, appointing four new people to top positions a week after long-time chief executive Douglas Bergeron resigned. One of the key appointments is Eliezer Yanay, who headed San Jose, Calif.-based VeriFone’s global research and development, …

Karen Epper Hoffman Mobile remote deposit capture and related services are creating a wealth of opportunities for imaging companies. What is market leader Mitek Systems doing to defend its position, and what do its challengers have cooking? Will success change mobile remote deposit capture? Services that allow consumers and businesses …

While much of the payments industry’s attention is on mobile payments, mobile technology is also starting to transform the traditional retail checkout. This week, a tablet-based point-of-sale startup called ShopKeep POS launched software to keep track of employee hours and to let restaurants modify orders on the fly. Also this …

Discover Financial Services is about to team up with Google Inc. to bring the Google Wallet to the physical point of sale with a Discover-branded plastic card, according to the latest rumor sweeping Silicon Valley. Discover recently began issuing cards for PayPal Inc., so if the Google rumor proves true, …

  n Online daily-deal leader Groupon Inc. followed up on its big payments announcement of last month with Wednesday’s national rollout of its Breadcrumb service, a point-of-sale system for restaurants, cafes, and bars centered on Apple Inc.’s iPad tablet computer. n Breadcrumb itself is not a payments service, but is …

Even though merchants accepting mobile payments are in the minority and mobile-payment volume is low, losses from fraud incidents for those merchants are higher than for non-mobile-accepting merchants, according to the fourth annual “LexisNexis True Cost of Fraud” study sponsored by content provider LexisNexis Risk Solutions and conducted by Javelin …

In an effort to bring some order to the Wild West of person-to-person payments over the automated clearing house network, ACH governing body NACHA-The Electronic Payments Association is proposing a new credit version of its WEB code for online person-to-person payments that would include standardized formatting for the transactions. Herndon, …