Fintech

JPMorgan Chase, Bank of America Corp., Capital One Financial Corp. and Discover Financial Services reported Monday that their credit card delinquencies and net charge-off rate fell in May from April.

Tristan O'Tierney, one of Square's team of co-founders is leaving the mobile payments company after four years.

PHILADELPHIA -- American Heritage FCU set a goal of saving its members $13 million on their loans for all of 2013 by refinancing consumer and mortgage loans and hit the goal June 1.

In 2013's second half look for more credit unions to seriously consider "out-of-the-box" revenue sources to drive the bottom line.

MADISON, Wis. – Four local families will be pitted against each other to see who can save the most money and cut the most debt over the next six months in competition for a $10,000 prize in Summit CU’s Project Money.

Square has completed a major overhaul of the cloud-based Square Wallet, which allows consumers to make purchases from a linked payment card by "checking in" at a Square merchant. Here are some of the key differences in the new Wallet app.

Plastyc Inc. now does business as Banking Up, a name that signifies the direction in which it is taking its prepaid offerings, iBankUP and the UPside Visa card.

Prepaid card program manager Praxell is partnering with card marketer and producer Arroweye Solutions and identity provider ABnote to produce a card that combines municipal identification and payments.

Visa Inc. sued Wal-Mart Stores Inc. in a bid to stop the world's largest retailer from filing a lawsuit to press price-fixing claims over merchant swipe fees.

NEW YORK – Seeking to salvage its landmark antitrust settlement, Visa filed suit yesterday in federal court here seeking a declaratory judgment that would prevent Walmart from bringing price-fixing claims over merchant credit card fees.