Fiserv announced the results of a survey of the mobile banking and payment plans of top-tier financial institutions.

The in-depth survey, conducted by Forrester Consulting on behalf of Fiserv in September 2011, evaluated the plans of 10 banks and credit unions that in total hold more than one-third of all U.S. deposit accounts. The results revealed that these financial institutions are moving beyond the basics to deliver increasingly sophisticated mobile capabilities. Transactional services such as remote deposit capture and mobile person-to-person payments will account for the bulk of mobile investment in 2012. However, despite a nearly unanimous commitment to expand overall mobile functionality, institutions remain split on plans to support mobile point-of-sale payments.

A white paper detailing the survey results can be downloaded from the Fiserv website.

NCR has announced they will be working with PayPal and S1 Corporation to enable real-time P2P payments from their bank’s ATMs to almost anyone with a mobile phone or e-mail address. This service will initially be available in the U.S. with the ability to send money to people in more than 60 countries around the world.

Harland Financial Solutions and Harland Clarke have announced they have launched their own P2P payment network called 'Direct Payment Exchange' or DPXpay.

The Direct Payment Exchange provides a common P2P platform for the companies’ 11,000 plus clients, facilitating lower cost movement of money while providing a more convenient enrollment process for consumers wishing to use the network’s DPXPay™ desktop or mobile solution.

On the web:

• How Payment Professionals Should Think About Facebook Credits - Dave Birch Blog
• Bank of America to Add Debit Card Fees - Michael Finney's Consumer Blog
• Amazon to Collect California Sales Tax by January 2013 - WSJ.com
• How New Payment Options (Lay-a-Ways) Can Drive Revenue - Harvard Business Review Blog
• Ryanair 'Cash Passport' Prepaid Card to Carry Hefty Charges - This is Money
• Tabbedout Expands Nationally to More Bars and Restaurants - Austin Business Journal

On the wires:

• Visa Europe Says Foreign Consumer Spending Tops €14.4bn
• CRE Secure Launches New Shopping Cart Platform – Loaded Commerce 6.5
• epay Signs Long-Term Prepaid Processing Agreement for Boost Mobile, Virgin Mobile USA and Assurance Wireless
• An international bank selects Earthport to enhance pension payment services
• eLayaway's Technology Aims to Help the Economy
• Xpress Money Launches their Instant Money Transfer Service in Canada

On the web:

• Retail Payments Risk Forum Publishes Discussion Paper on P2P Payments - Portals and Rails

On the wires:

• WhoseBill Launches New Application To Manage Money With Friends
• AisleBuyer Creates Mobile Store Associate Application With Checkout for Retailers
• InComm Partners With Manor to Distribute Digital Gaming Cards in Switzerland
• CPS Helps eCommerce Operators Worldwide to Accept China UnionPay Cards Online
• PaySimple Launches Mobile Payments & Customer Management for Small Business
• Acculynk Announces Agreement with the ATH Network for Internet PIN Debit

On the web:

• China UnionPay is Now the World's Largest Card Scheme - Bank Systems & Technology
• Cabela’s Embraces In-app Purchasing and Bar Code Scanning - Mobile Commerce Daily
• Online Banking Customers Demand Paper Checks - TIME.com

On the wires:

• Shandong Airlines Launches UATP Program
• NCR Secures Largest Ever ATM Services Deal in China
• Bank of America to Exit International Credit Card Businesses
• Experian Report Shows Credit Card Delinquencies are Below Prerecession Levels
• Bank of Internet Launches a POPmoney Person-to-Person Payment Service
• Admeris Partners With Global Transaction Services Group
• Cardtronics to Acquire Access to Money

American Express and Sprint have announced an agreement that will provide Sprint customers with easy access to Serve, American Express' recently launched digital payments platform.

“Sprint is pleased to join with American Express to offer this convenient tool for sending and receiving money to friends, paying bills and making purchases online,” said Kevin McGinnis, vice president-Product Platforms, Sprint. “Our relationship with American Express is a great example of Sprint’s open enablement strategy. Sprint brings practical, easy-to-use apps and services to our customers from trusted brands like American Express.”

On the web:

• Using Facebook Credits as Ecommerce Sales Incentives - AuctionBytes
• PSECU's Remote Deposit Honor System - NetBanker
• 18 Fun Facts About Credit Cards - MSN Money
• 10 Reasons I'm Cancelling My Credit Cards - SmartMoney.com
• California Replacing Unemployment Checks with Debit Cards - Bakersfield.com
• Korean Govt To Credit Card Firms: We’re Watching You - Wall Street Journal
• Tapjoy Scores $30M to Boost Mobile App Monetization - FierceMobileContent
• Blaming the Fed’s Durbin Rule, Tempo Payments Prepares to Shut Down - Digital Transactions

On the wires:

• Spendvision’s new eMoney Module Enables Businesses to Track and Manage NFC Transactions
• Regions Bank Introduces Personal Pay to Send and Receive Electronic, P2P Payments
• CoVantage Credit Union Selects Tyfone to Deliver Next Generation Mobile Wallet Services
• U.S. Bank and Monitise Americas Introduce Free Mobile Banking Service for ReliaCard Visa Cardholders

Fiserv has announced that it entered into a definitive agreement to acquire CashEdge for $465 million.

CashEdge adds to Fiserv’s capabilities in areas such as account-to-account transfer, account opening and funding, data aggregation, small business payments, and person-to-person (P2P) payments. Both companies are in-market today with financial institution-centric P2P services that enable payments to be made from one account to another, Fiserv with ZashPay® and CashEdge with Popmoney®. This combination should accelerate Fiserv’s ability to provide new capabilities such as P2P money request, and small business electronic invoicing and remittance.

Western Union has announced the launch of the Western Union Money Transfer Receive Card.

The innovative new card gives consumers a simple way to receive money transfers. All they have to do is pick up a card at a select Western Union Agent location in the U.S. and complete the transaction to receive a money transfer online or over the phone. The process is seamless and can be completed quickly, with no forms to fill out.

Naratte, a Silicon Valley-based start-up, has announced that it can provide the benefits of near-field communication (NFC) with ultrasonic technology by using using the speaker and microphone already found on mobile devices.

This new technology, called Zoosh™, is highly engineered software that communicates in frequencies that are inaudible to humans, but are used in nature by frogs, dolphins and other animals. With one software update, an App can now become Zoosh-powered to securely transfer data between millions of devices already in use by consumers.

Works across devices, works on both smartphones and flip phones, etc. Watch the video for an overview of Zoosh in various application scenarios.

Over on our sister blog, Payments Views, Glenbrook's Carol Coye Benson interviews Mike Kennedy, chairman of the clearXchange board, and shares her thoughts on the new banking industry joint venture in a post entitled "It's About Time: clearXchange and Bank P2P".

This has been a big week for news in the payments industry – with the Google Wallet making a big, loud splash. It’s nice to see banks using the power of their collaborative action to demonstrate that innovation can come from the bank side of the payments world as well.

Bank of America, JPMorgan Chase, and Wells Fargo have announced that they have formed a new P2P payments joint venture.

Customers of the three banks will be able to move funds directly from their existing checking accounts using an e-mail address or mobile number – instead of providing checking account and routing numbers. The clearXchange service will roll out nationally, and there are plans over time to expand it to include other financial institutions and endpoints to create a money movement capability across the industry.

On the wires:

• PaymentVision Announces 3.0 Universal Payment Processing Gateway
• iSend Expands International Payment Service into Canada and UK

On the web:

• Google Checkout Blog: Google In-App Payments for the Web
• Springwise: Social Vending Lets Users Buy Drinks for Friends Remotely
• Bank Info Security: Banks Want Their Own .bank Top-Level Domain (TLD)
• Digital Transactions: Durbin Regs Will Take Effect, Though Possibly a Little Late And with Caps ‘Modified’ (ETA Conference Recap)

On the wires:

• TSYS Expands Merchant Acquiring Presence With Acquisition of TermNet
• FIS Begins Processing New ELO Cards in Brazil
• Bill.com Rolls Out Official Integration with Sage Peachtree Software

On the web:

• FierceMobileContent: PayPal expects to process $2 billion in mobile payments in 2011
• TechCrunch: Jack Dorsey Shares Some Square Numbers
• Mashable: ING Direct Customers Can Now Pay Friends By Bumping Smartphones
• Wall Street Journal (SmartMoney):New Rules of the Credit Card Game
• Collections & Credit Risk: Discover To Pay Cardholders Referral Fee In Social-Media Push
• CRIENGLISH.com: Australian Payment Processor Will Start Accepting Unionpay Cards
• Times of India: Mobile payment system to gain steam in coming months
• Mobile Way to Pay: Will Retailers Use Tender Steering To Take Control Of Interchange?
• Portals and Rails: The Check's in the Mail, but it might be Fraudulent
• TechCrunch: Online Point Of Sale (POS) Systems Are The New Vogue

Visa has announced that consumers in the U.S. will soon be able to receive and send funds to any eligible Visa credit, debit or prepaid account, anywhere in the world.

The new Visa personal payments service, which eliminates the inefficiencies of cash and checks for payments between individuals, was made possible through technical enhancements to VisaNet, Visa’s global payments processing network, and through the introduction of a new Visa transaction type that allows financial institutions to accept incoming funds.

NYCE has announced that it will begin offering CashEdge Popmoney to its more than 3,000 financial institution clients. But instead of using ACH, the normal Popmoney funds transfer method, the NYCE Payments Network "will provide the ability to transmit the funds between the sender’s account and the receiver’s account in real-time, resulting in the immediate availability of funds."

Headline News is compiled by Glenbrook Partners:

• Banca Intesa Sanpaolo to Offer Western Union Money Transfer in Italy
• txtNation adds support for Mobile Payments in the Nordics
• CreditCall Introduces Contactless Kernel to Its EMV Product Range Supporting NFC and Wave and Pay
• New Mercator Report on US Mobile P2P Payment Market: Gee Whiz or Gee Why?

• DNA India: Ensuring Security of Payment Systems a Big Challenge
• Forbes: Unhappy With Slow Growth Of Android App Purchases, Google Talks 2011 Roadmap
• Wall Street Journal: House Panel Sets Hearing on Debit Card Fees
• NFCNews: Orange, Barclaycard to Launch Contactless Mobile Payment this Summer

MasterCard and Telefónica have announced a joint venture to development mobile financial solutions in 12 countries in Latin America where Telefónica is present with the Movistar® brand.

As part of this agreement, Movistar® mobile subscribers in Latin America will be able to use their mobile phones for person-to-person money transfers, bill payment, mobile airtime reload and retail purchases, among other services.

Headline News is compiled by Glenbrook Partners:

• New Juniper Research Report on Mobile Money Transfer & Remittances
• GotchaBucks Introduces Instant Virtual Gift Card Mall
• New Mercator Report on EMV in the USA
• Mobifyer Launches Near Field Communication (NFC) Development Kit for Android
• SK C&C USA Achieves Mobile POS Trusted Service Manager (TSM) Certification from MasterCard
• CheckAlt Releases 'Triple Value' Services for Credit Unions

• TechCrunch: Square Raises $27.5M From Sequoia And Khosla, On Track To Process $40M In Q1 Payments
• VentureBeat: KreditFly Launches Mobile Payments System with Credit Guarantees
• BostInnovation: The Future of Payments: 6 Startups Putting Boston on the Map

CashEdge has announced that Fifth Third Bank will launch Popmoney, CashEdge’s person-to-person email and mobile payments service, to its customers. The service will be offered online through Fifth Third’s online banking platform www.53.com beginning in mid-2011.

Headline News is compiled by Glenbrook Partners:

• New Mercator Report on P2P Payments at Financial Institutions
• FIS Implements INETCO Insight in Core Operations Center
• ClickandBuy selects Voltage Tokenization solution
• Additional Commidea End-to-End Encryption Payment Solutions Achieve PA-DSS Certification
• Visa Total Payments Volume Grew by 20.3% in Latin America and the Caribbean

• FierceMobileContent: Mobile payments and NFC: Who will get paid, and how?
• Strategy+Business: The M-commerce Challenge
• Chain Store Age: Genesco Reports Payment Card Criminal Intrusion
• PayPal Blog: New agreement with VIVO will bring PayPal Mobile Payments to Brazil

Interac e-Transfer (formerly known as Interac® Email Money Transfer) now provides participating financial institutions "with the opportunity to allow customers to send or receive money almost instantaneously with their mobile phone or their desktop, by either using a mobile phone number or an email address."

Dwolla, a new online and mobile cash system that operates in and outside a user's social networks, has announced the nationwide release of its service in the U.S. The service is built on ACH and charges users a flat $0.25 to receive funds. The website is www.Dwolla.com.

Headline News is compiled by Glenbrook Partners:

• Bill.com Integration Enables Sage Peachtree Software Users to Access and Manage Their Payables Anytime and Anywhere
• New Aite Group Report Sizes P2P Payments Market in the US, UK, and Australia

• eMarketer: UK Shoppers Are Global Leaders in Online Spending per Person
• Mobile Manifesto: iPhone 5 NFC Mobile Payment Speculation Reignited by Apple Boku Acquisition Rumors
• ABC News: Debit or Credit Cards? Both Have Advantages

peerTransfer has announced that it has secured financing led by Spark Capital and well-known angels including Dave McClure (500 Startups and formerly of PayPal), John Landry (former CTO of Lotus) and Jim Hornthal (co-founder of Travelocity). "Founded at MIT, peerTransfer enables individuals and businesses to transfer money between international bank accounts more conveniently and up to five times lower cost, compared to traditional banking and wire services."

MoneyGram and CashEdge have announced that they plan to integrate their respective money transfer and payment services platforms so that "recipients of Popmoney payments would be able to direct receipt of their funds to any of MoneyGram's 200,000 retail agent locations in more than 190 countries. This would enable Popmoney customers to send money to recipients who can then direct the funds to be picked up at an international MoneyGram location, to recipients who may lack a traditional bank account, or to those who simply prefer to withdraw funds as cash." READ MORE »

Western Union and EnStream, creators of the Zoompass Mobile Wallet, have announced a strategic alliance that will allow Zoompass users in Canada to send cross-border and domestic money transfers directly from their mobile phones. EnStream is a mobile-commerce joint venture company owned by Bell Canada, Rogers Communications and TELUS, Canada’s three leading national wireless operators.

CashEdge has announced the launch of Popmoney for Small Business, the "first electronic invoice and payment solution designed specifically for small business customers of financial institutions." Popmoney for Small Business provides businesses with the unique capability to pay vendors and employees electronically using only an email or mobile number.

Western Union today introduced an enhanced walk-in payments service, featuring formless payment with speed, accuracy and convenience. The new streamlined walk-in payments service also offers consumers same-day, next-day and second-day payment options. "The new Payments Service simplifies the consumer experience. Consumers provide their information on their first visit, thanks to the 'once and done' formless procedure. Subsequent bill payments will require only an easily recallable customer identifier like a phone number."