Fintech

Square, the mobile-payments startup founded by Jack Dorsey, is giving small merchants the ability to sell gift cards to shoppers on the go, stepping up competition with eBay’s PayPal business.

ElecTel Cooperative FCU has booked more than $1.7 million this year as part of one-day-only loan promotions, including $74,000 in a "Green Wednesday" promo the day before Thanksgiving.

The size and growth of the Hispanic market in the U.S. is no secret. Less well-known is how credit unions can better penetrate it.

As banks dig deeper into mobile commerce, they’ll likely bump into industries like telecom and device manufacturing, where the development cycles and patent fights come much faster.

If large retailers felt a need to create their own mobile commerce brand through the Merchant Customer Exchange to lessen customer confusion and control transaction data, then smaller retailers must also feel overwhelmed with all of the mobile payment and commerce choices available.Starting Dec. 10, San Francisco-based CardFree hopes to address that problem as a new company helping merchants develop their own custom-branded mobile commerce tools.

DUNEDIN, Fla. – City commissioners last week gave preliminary approval to a $127,000 package of financial incentives to Achieva CU which helped lure the $1 billion credit union from Clearwater to build its new headquarters.

GREEN BAY, Wis. -- Pioneer CU said its Brown County branch will be accepting property tax payments for the county.

More than half of consumers in seven technology-advanced countries say they are interested in mobile payments. But the U.S. doesn’t crack the list of the top four countries in which residents say they’d consider replacing their plastic payment cards with mobile phones.

Chris Larsen, who disrupted consumer finance in the 1990s and 2000s with E-Loan and Prosper, is seeking to shake up the industry again with Ripple, a peer-to-peer payment and credit system.

Apple introduced its Passbook app — a wallet that stores other mobile wallets — alongside the iPhone 5 in September. Three months later, has Passbook revolutionized mobile payments? Or is it starving from lack of support?