Fintech

The mega-retailers' Merchant Customer Exchange venture argues that the mobile-payment system it is developing will appeal to retailers in a way no other mobile wallet can. That’s leaving some companies divided on which mobile approach is best—MCX's focus on gaining retailer acceptance or the emphasis on consumer adoption championed by Isis and others.

CHARLOTTE, N.C. – Charlotte Metro CU is introducing a new marketing campaign that kicks off with a 30-second commercial for the Super Bowl on local TV Feb. 3.

After months of internal testing, the prepaid card provider Green Dot is rolling out a beta version of its mobile consumer checking account, named GoBank.

PayPal Inc., pushing ahead with its drive to become the payment option of choice at the point of sale, has entered an agreement with hardware maker NCR Corp.

Jumio Inc. has released an Android version of its Netswipe Mobile technology for accepting card payments with a phone's camera.

"We're open to partnering and playing with the existing networks, but not under the existing rule base," says Jamie Henry, senior payment director of Wal-Mart Stores Inc. "The existing rules that are in place for card-based payments are not going to be acceptable for mobile-based payments."

REDMOND, WASH. -- Qualstar CU is paying members $2.5 in bonus dividends this month as a loyalty dividend.

Delinquencies in Capital One Financial Corp.'s U.S. credit card business declined during December while chargeoffs improved, the lender reported.

PEX Card now offers PEX Mobile, the corporate prepaid card company’s suite of iOS and Android applications, to allow card administrators access to their programs through a smartphone.

As tax season begins, the prepaid card provider Plastyc Inc. will be able to see whether its technology can help H&R Block transform its prepaid card from a disposable, seasonal product into one they use repeatedly.