Fintech

South Carolina FCU has launched a campaign designed to boost awareness of its electronic services.

SeaComm FCU transitioned to a sales culture internally nearly six years ago, and since then the focus has been not only making sure that the member leaves with the right mix of products and services, but an emphasis on cross selling and offering those things to the member.

Co-op Financial Services just finished an active week, announcing separate deals with MasterCard Inc. and The Members Group that built on past investments.

Cybercrooks have plenty of new tricks up their sleeves to steal card data from merchants. The attacks aren’t likely to let up, mainly because retailer payment and business systems remain a treasure chest for data pirates, a new study says.

Many merchants still don't take credit or debit cards, usually because of the cost. Two-year-old Plastiq aims to help these holdouts by shifting the cost of card acceptance to the consumer.

The 2013 Mobile World Congress in Barcelona, produced by the mobile operators group GSMA, was the launching point for many significant payments initiatives.

A New Jersey appeals court affirmed the airline industry's right to refuse cash in-flight, validating a strategy that began when airlines first accepted credit and debit cards onboard planes in the mid-2000s.

Nearly a month has passed since Visa Inc. offered its technology for the creation of a common debit code for EMV chip-card payments — a necessity under federal regulation. Yet it is becoming apparent that issuers remain in a waiting game that could last several more months.

The rate of credit card payments at least 90 days overdue increased to 0.85% in the fourth quarter from 0.78% a year earlier, according to TransUnion.

Merchant-funded rewards provider fisoc hopes the communal element of Facebook mixed with special card offers can drive repeat payments volume for small merchants focused on their local communities.