Fintech

The use of ultrasonic noise — silent to the human ear — in mobile payments and rewards hasn't garnered as much attention as Near Field Communication chips and QR codes, but there are a few successful implementations.

CLARKSBURG, Md. – Comstar FCU, a conglomeration of government credit unions, said today it is changing its name to Nymeo—an anagram of the word “money,” and will promote itself as a new way to look at money.

American Express Co. posted a first-quarter profit that exceeded analysts’ estimates as consumers increased their spending on its cards.

Without any clear drive to consolidate, the mobile-wallet market will remain chaotic for merchants in the near-term. But from the consumer's perspective, it won't be chaotic at all.

In Russia, there's a large potential for U.S. payments providers willing to brave country's complex tech infrastructure and a national ID and payment card initiative that's still a work in progress.

ISHPEMING, Mich. – Ishpeming Community FCU said it changed its name to TruNorth FCU to better reflect its five-county field of membership.

For PayPal, mobile devices aren't just new instruments of payment. They are also a way to attract new active users.

American Express Co. posted a first-quarter profit that exceeded analysts’ estimates as consumers increased their spending on its cards.

Fiserv today launched Popmoney Instant Payments, an update to its person-to-person payment service that allows recipients to see funds in their account within second of when the transaction is initiated.

The card networks are reporting strong progress among issuers and acquirers in the U.S. migration to EMV-chip cards, but many retailers are still lashing out against the expectation that they upgrade their point of sale hardware.