Fintech

EMV smart-card migration preparations in the U.S. will take on a more serious tone when the responsibility of covering fraud losses begins to shift.

TAMPA, Fla. – Grow Financial FCU is giving away free Florida Slash Pine saplings to anyone who visits any of the area’s 20 branches as part of this year’s celebration of Earth Day.

STOCKBRIDGE, Ga. – Georgia United CU awarded $1,000 gas cards to two members, who qualified for a drawing after referring somebody for a loan or new checking account.

NEW ORLEANS – Shell New Orleans FCU yesterday said it changed the name of the $110-million credit union to Xplore Federal Credit Union.

Alliance Data Systems Corp. announced Tuesday that its Retail Services business has signed a long-term agreement to offer private-label credit card services for luxury retailer Barneys New York.

Mobile payment technology at restaurants is gaining favor with wait staff, who find shedding paper leads to quicker orders, faster service and higher gratuities.

Even though prepaid cards are already widely considered a product for the underbanked, usage patterns are showing more clearly just how different prepaid card users are from bank customers.

Hip hop mogul Russell Simmons' prepaid card company UniRush is working with prepaid issuer Green Dot Corp. to offer the RushCard Live Reloadable Prepaid Visa Card.

The growing prepaid card sector has started to catch the eye of regulators, leaving issuers, processors and other participants in the business cycle quickly moving to maintain and improve compliance with fraud requirements, according to a panel discussion at the Card Forum and Expo.

PHOENIX – Arizona FCU, recently rebounded from deep financial troubles, has become one of the first credit unions in the country to charge a monthly membership fee, a $3-per-month assessment for all members over 18 years old.