Fintech

At a time when most mobile payment apps use virtual cards, QR codes or contactless payments, Dairy Queen is testing the more experimental location-based approach employed by Square and PayPal.

Chase Paymentech now offers a mobile checkout application and card reader as part of its Chase Checkout point of sale technology for small businesses.

Shopify is integrating payments processing with its online storefronts, enabling merchants to accept and manage Visa, MasterCard and American Express payments directly through Shopify.

LIVONIA, Mich. – Co-op Services CU will pick up four branches, including one-drive-thru, with the proposed combination of Rivers Edge Community CU, creating a $500 million credit union with 12 branches and 61,000 members in metro Detroit, the two credit unions announced this morning.

PayPal offers no shortage of choices for loading their accounts, including Green Dot, MoneyGram, Coinstar and its own My Cash Card — but are consumers using them?

Chase Card Services says it will stick with the Isis mobile wallet venture as it prepares for a national rollout after nearly 10 months of testing. In doing so, the JPMorgan Chase unit also gives its endorsement to Isis' model of using Near Field Communication for contactless payments.

VeriFone has begun outfitting on-board payments systems on New York City's new street-hail livery cars.

A new study indicates a big opportunity exists for credit unions to cross-sell new members, and that CUs have a great deal of room to improve profitability and performance in many operational areas.

The new report from Cornerstone Advisors has also discovered a great divide in CUs when it comes to IT.

The Mountain West CU Association is in the process of assembling a small credit union task force, making it the latest state league to revamp its programs aimed at assisting small CUs.