Fintech

Looking to gain millions more users through traditional financial institutions, LevelUp announced a partnership with First Trade Union Bank to create a private-label mobile payment and loyalty app.

HONOLULU – Aloha Pacific FCU will pick up a new branch inside the Dole Pineapple Cannery with the acquisition of troubled Hawaii Stevedores/Castle & Cooke FCU, the fast-growing credit union giant’s fifth merger in the last five years.

Before the mobile card reader phenomenon took off, it was unlikely that a small-business owner could walk into a nearby store, pay $10 and walk out minutes later with the ability to accept card payments. Today, mobile payment devices are competing for shelf space with a growing number of major retailers.

In the immediate aftermath of the superstorm Sandy, prepaid cards were summoned to help even though the products have spotty track record in times of extreme need.

WILLISTON, Vt. – New England FCU has contracted with CUSO Financial Services LP to provide members of the $930-million credit union with investment and brokerage services.

Greenwich Associates announced Monday it has agreed to acquire Javelin Strategy & Research for its work in mobile and multichannel banking, payments, security and fraud, among other expertise.

Retail ATM provider Cardtronics Inc. will allow customers of BBVA Compass free access to 178 Cardtronics-owned ATMs in Colorado as part of a new branding relationship with the Birmingham, Ala.-based bank.

Better ATM Services offers open-loop Visa prepaid cards through ATMs, but such one-size-fits-all cards don't appeal to all consumers. To appeal to shoppers who prefer closed-loop gift cards, Better ATM is testing cards that work at nine merchants.

Isis, mobile-pay venture formed by AT&T, Verizon Wireless and T-Mobile, has signed two deals that would allow consumers to use its Near Field Communication-based mobile wallet at vending machines that accept cashless payments.

Capitol Federal Savings Bank will upgrade its ATM network with new NCR SelfServ units that allow consumers to deposit cash and checks simultaneously through a single slot.