Fintech

ROCKY HILL, Conn. – Nutmeg State FCU has launched an auto buying service it says will save members time, money and hassles.

GRAND RAPIDS, Mich. – Lake Michigan CU is partnering with Home and Garden TV host Carter Oosterhouse for a marketing campaign that will culminate in a sweepstakes awarding a $25,000 home makeover.

DOVER, N.H. – RewardsNOW, a popular rewards program for credit unions, has rolled out a local rewards program for metro Detroit as part of its Shop Main Street program.

The Federal Reserve Board said March 5 it would not adjust its cap on interchange fees.

PayOne's lawsuit against Home Depot over its use of PayPal's point of sale payments technology is not the first legal battle PayOne has pursued with an entity tied to PayPal — and, the company says, it may not be the last.

BancorpSouth will begin issuing payroll cards, an increasingly popular replacement for checks for both card issuers and consumers.

Fraudsters are deploying a new malicious software attack that steals card data from consumers by making them believe they are providing extra authentication when shopping online, Trusteer reports.

While BillMyParents was a catchy name for a teen-focused payments company, it didn't do much for its message of promoting financial responsibility. So for the third time in four years, the company changed its corporate name.

Noting a series of “self-inflicted” issues that have hampered the company's performance, VeriFone CEO Doug Bergeron promised a series of overhauls at the payments technology provider, including a renewed focus on research and development and better management of the resources dedicated to creating country-specific configurations of its products.

Citigroup Inc., the world’s biggest credit-card lender, is facing rising costs from the misselling of so-called add-on card products in the U.K. and U.S.