Fintech

Apple is said to be developing a “smart” wristwatch that includes mobile payments functionality.

Membership growth slowed in December from its record pace, but not until credit unions across the nation added a near all-time best of about 2.4 million members for 2012, according to preliminary estimates by CUNA.

Developers at Fidelity National Information Services say the speed and open nature the bank technology provider's latest product will promote greater adoption of person-to-person payments.

ERN is launching a product that attempts to meld issuer and retailer spending details to produce real-time offers at the point of sale. It faces plenty of competition in its efforts to bring granularity to marketing.

As card fraud progressively moves to e-commerce, more vendors offer merchants the tools to monitor their progress in thwarting cybercrooks — and the information collected in protecting their data also helps merchants promote sales.

TOLEDO, Ohio – Nueva Esperanza Community CU, a two-year-old community development credit union serving low-income Latino neighborhoods in Toledo, on Friday was approved by state regulators to serve all 450,000 resident of surrounding Lucas County.

UKIAH, Calif. – Mendo Lake CU, a $130-million credit union, would pick up a new branch at Fort Bragg with a proposal to acquire $33-million Fort Bragg Community FCU.

NEWBURGH, Ind. – Heritage FCU this morning said it is branding ATMs at 12 additional commercial locations, giving surcharge-free access to both members and non-members.

HAUPPAUGE, N.Y. – Teachers FCU has signed with Generations Gold to provide discounts on travel, hotel, dining, prescription drug and even pet insurance from local and national providers for as little as $4.95 per month.

From the start, mPowa CEO Dan Wagner has talked about partnerships being the key to getting his company’s chip-and-PIN mobile card reader into the hands of merchants – and eventually becoming a formidable foe to the likes of Square Inc. in the U.S.