Fintech

The FTC issued a report to Congress explaining steps the agency has taken in connection with new rules on debit card transactions that were put in place last year.

PETERBOROUGH, N.H. – The $429-million GFA Federal Credit Union said it will complete today its acquisition of Monadnock Community Bank here.

U.S. Bank has released a new app on Apple’s App Store called Go Mobile. The app lets iPhone, iPod and iPad users apply for the bank’s FlexPerks Visa card and use and manage the account on their mobile device.

ATMs do a lot more now than they did in 2011. They still accept deposits and dispense cash, but today a few also dispense prepaid cards, connect to Facebook, and interact with smartphones. Other types of machines are also treading on ATMs' turf.

Wells Fargo has won a partial victory in its appeal of a closely watched, $203 million overdraft lawsuit, but both sides of the case are gearing up for another round of fighting over the bank's consumer practices.

Fraud and data security trends can change by the minute, often making it difficult to pinpoint a specific development as a key event during the course of a year. Not so in 2012.

Digital currency, especially Bitcoin, picked up in popularity this year as the concept began garnering positive attention from payment players — but a series of negative incidents kept the skepticism alive as well.

Total System Services has completed its purchase of ProPay.

Wells Fargo & Co. won its bid to throw out a judge's order that it pay California customers $203 million for manipulating debit-card transactions to boost overdraft fees.

The payments industry is no stranger to fraud, but there are some key events that stand out over the course of 2012 — and threaten to spill into 2013.