Sean Sposito

Banking technology vendor USA Technologies Inc. announced Monday that it has appointed a board member, Stephen P. Herbert, as its chief executive and chairman.

The prepaid card marketer Green Dot Corp. announced Monday that it has hired a Visa Inc. veteran, John MacIlwaine, to be its new chief information officer.

Discover Financial Services on Thursday said it has expanded its partnership with Zynga, Inc., which makes online games including FarmVille.

The bankruptcy process of American Airlines parent AMR could create some collateral damage for Citigroup, which runs the airline's large rewards credit card program.

nFinanSe is suing InComm in federal court for allegedly attempting to fix the price of reloading prepaid cards and violating its distribution agreement.

VeriFone took another step in its quest to break free of the constraints of the aging plastic card. The payment terminal company's deal to buy Point, is as much about boosting its technology as boosting its customer relationships.

Discover Financial Services said Monday that it's dropping the Foreign Currency Fee on its cards.

American Express said it will provide prepaid campus ID cards to University of North Florida students. The product is Amex's first prepaid campus ID Card.

A new rebate program from UniRush is the latest attempt by a prepaid card marketer to make its product as sticky as a bank account without generating a backlash from its fee-sensitive audience.

VeriFone Systems Inc. announced Monday that First Data Corp. has selected it as its point of sale terminal provider in the Caribbean.

Green Dot Corp. is licking its lips over banks' new debit card fees, but the prepaid card company still doesn't know quite how large its eventual meal will be.

Green Dot Corp. said Thursday that new card activations and increased usage by existing customers helped boost its third-quarter profits.

Entrepreneurs form startups to shake up the industry and bring in new ideas – a mindset that some are saying plays well with the themes behind the Occupy Wall Street protests.

When showing solidarity with the Occupy Wall Street protestors, financial executives run the risk of having their message drowned out by their wealth.

Ask NCR Corp.'s chief executive Bill Nuti what his company's biggest accomplishment in the past 12 months was, he'll tell you Scalable Deposit Module.

Diebold is making subtle, but big, moves in its technology and business. It's concentrating on the wires and networks, the guts that make ATMs work.

Dynamics announced a chip card that can re-write itself and hold two different accounts. The new product is a chip-based variation of Dynamics' rewritable magnetic-stripe card, which lets users select an account by pressing a button built into the plastic card.

Sudden pessimism over the economy has flattened interest rates, and revived refinancing volume and mortgage production margins.

A ranking of midsize banking companies by funding rates in which SVB Financial places first and First BanCorp places last puts different business models, and local economic conditions, in full view.

ATM manufacturer Diebold Inc. has developed technology to centralize its ATMs’ computing power, thereby improving security and cutting ATM-maintenance costs for clients.