Fintech

Core-banking tech provider Jack Henry is expanding the services it offers banks and credit unions by offering support for prepaid cards, with assistance from TransCard.

Diebold leaders conveyed a message of contrition to investors during the ATM manufacturer’s fourth quarter 2012 earnings call, acknowledging that change is needed and promising further organizational changes and structural cost reductions to improve performance.

MONETT, Mo. – Jack Henry & Associates announced this morning it is partnering with TransCard to offer credit unions and banks prepaid cards.

American Express Co. Chairman and Chief Executive Officer Kenneth I. Chenault netted $15.4 million before taxes from the exercise of stock options and the sale of restricted shares.

The prepaid card provider BillMyParents has hired Kim Petry to be its new chief financial officer, replacing Jonathan Shultz, in an appointment that’s scheduled to take effect in mid-to-late February.

TAMPA, Fla. – Fast-growing Grow Financial FCU said this morning it plans to open three branches in South Carolina this year and next and as many as 15 branches in the future in the Palmetto State, where it sees a fertile market.

American Express says it is working with Twitter to expand its cardholders' ability to shop over the social networking site.

A MasterCard Inc. "mobile preparedness" study in 2012 indicated that Singapore, Canada and the U.S. were the countries most prepared to offer payments technology and innovation to serve willing consumers. But the study also showed the U.S. ranking 10th when it came to "consumer readiness" for adopting mobile payments.

BASKING RIDGE, N.J. – Affinity FCU has chosen INVEST Financial Corp. to provide its members with brokerage and investment services.

OMAHA, Neb. – Credit unions in Nebraska are getting ready to celebrate their first Save to Win savings sweepstakes with the choosing of the $25,000 grand prize winner.