Fintech

WESTBURY, N.Y.--NEFCU here has introduced a new VISA platinum card that will offer a 1% cash rebate to the READ foundation, which funds programs and capital projects within the Roslyn School District.

To learn the truth about campaign ads, we rely on fact checkers who promise to filter out the spin. In the equally confusing realm of credit-card advertising, an obscure agency looks to play a similar role.

Guitar Center added a new payments instrument at the point of sale, integrating PayPal via middleware provider AJB Software Design Inc.

Visa and Vodafone Australia are launching the SmartPass mobile wallet, which lets consumers with Near Field Communication-equipped phones make payments through a virtual Visa prepaid card.

The National Advertising Division, a 10-person shop that's based in New York, investigates allegations that companies are engaging in deceptive marketing, often after a competitor lodges a complaint. Just last week, the organization released its ruling in a big-money dispute between JPMorgan Chase and Capital One Financial.

TransCard has formed a partnership with DeviceFidelity’s Moneto payments service to provide its bank clients the ability to create their own mobile wallets.

Revel Systems is now delivering its iPad-based point-of-sale products into larger retail settings — and intends to make a push for equipping major retailers early next year.

The national credit card delinquency rate increased for the third quarter compared with the year-ago period, according to TransUnion. The rate had been a seasonal low 0.63 percent for the second quarter.

CHICAGO – Alliant CU announced this morning it signed with LPL Financial to provide its members with third-party brokerage, wealth management and trust services.

When Total System Services Inc. closes its deal in the next month to acquire ProPay and its various payments services, the payment processor will have a new "Square-like" look and feel to ramp up its merchant acquiring business.