Fintech

Mobile financial services company Paymobile has partnered Rovio Entertainment to provide an Angry Birds prepaid Visa card for Canadians.

Former Citigroup payments executive Raja Rajamannar will be the new chief marketing officer at MasterCard, effective September 9.

Jack Henry's JHA Payment Processing Solutions (PPS) will offer an expedited EMV implementation process for U.S. chip-card issuance.

Developing the Starbucks mobile payment app stands as a badge of honor in the career of Chuck Davidson, who is now the head of product for CardFree, where he continues to work alongside several of the experts who helped make the Starbucks app a massive success.

The U.S. Federal Reserve asked that its rules on debit-card transaction fees and processing be left in place while it appeals a decision that they are illegal.

PayPal's building its move into physical stores brick by brick, and its processing partnership with TSYS is one of its largest moves to date, threatening to grab payments business away from card-issuing banks.

Microsoft Corp.'s Microsoft Points, a virtual currency used to buy games and other digital media on its Xbox consoles, is being eliminated today.

TSYS has agreed to process PayPal payments made through the eBay subsidiary's partnership with Discover.

David Dove is the new group president of enterprise growth at the ATM operator Cardtronics, which is also launching a new Enterprise Growth Group.

Convenience for the receiver will ultimately drive mass adoption of P2P payments and give financial institutions that deploy this service a competitive advantage.