Fintech

Consumers can turn to a growing number of companies for financial products these days, but as Jamie Moldafsky sees it, everything comes back to relationship building—which Wells Fargo hopes will benefit from peer-to-peer payments and mobile technology.

Barcelona residents not yet conducting tap-and-go payments at merchant point of sale may soon find it easier to do so using their mobile phones.La Caixa continued its push to make contactless payments the accepted norm in Barcelona, announcing plans to issue up to 200,000 Tap Visa stickers that consumers can attach to the backs of their mobile phones.

WALLA WALLA, Wash. – The Power House Theatre will be renamed the Gesa Power House Theatre as part of a $1 million naming rights deal with $1.6-billion Richland-based Gesa CU.

SOUTH BEND, Ind. – Notre Dame FCU said it succeeded in savings members $1 million in interest payments, fulfilling a pledge it made the beginning of the year under its Million Dollar Savings Challenge.

The National ATM Council, a trade association that represents independent ATM providers across the U.S., has joined the forum created by the Smart Card Alliance to discuss and encourage payments industry collaboration in preparation for the country’s switch to EMV chip-card technology.

If prepaid card providers want to be taken seriously, please, please, please ditch your celebrity partners.

Payment Alliance International, a Louisville, Ky.-based ISO and independent ATM supplier, is working with Cash Connect, a supplier of cash vault services, to offer vault cash and cash forecasting.

Passengers on US Airways flights can now purchase food and beverages with a tap of their credit card.

Software developers at Korala Associates Limited figured they had a pretty solid pitch to banks: a machine they claim costs one-tenth of a traditional ATM, yet provides all of the banking services a customer would need while in a retail setting.

NEW HAVEN, Conn. – NCUA on Wednesday reported it approved a TIP charter to Yale-New Haven Healthcare FCU, allowing the $30-million credit union to serve any healthcare workers in Fairfield, Middlesex, New Haven and New London counties.