Fintech

American Express has been inching its way downmarket through a series of partnerships with companies involved in social media and online games. Its latest move may be its biggest yet — Amex is paying cardholders for playing and completing the latest installment in the massively popular Halo video game series.

Payments provider Elavon will use Ingenico's new Telium2 series countertop and wireless terminals for its customers in the U.S. and Puerto Rico.

VeriFone announced that Glob Taxi Co. of Warsaw, Poland has chosen its payments technology for in-cab transactions.

Hurricane Sandy reduced U.S. retail sales in the northeast by about $4 billion last week, according to MasterCard Advisors SpendingPulse.

HUNTSVILLE, Ala. – Redstone FCU this morning introduced a new CUSO that will offer a variety of low-cost lifeline services, including check cashing, money orders, Western Union money transfers, bill pay, and reloadable prepaid cards to members and non-members.

Independent operators of automated teller machines want to make sure they don't get lumped together with the nation's retailers in the ongoing wars over interchange fees.

The first considerable change for the Bitcoin market nears — the date when rewards for 'mining' the digital currency drop from 50 to 25 bitcoins per block generated.

For CreditCall, the slow pace of the U.S. shift to the EMV standard is fast becoming an opportunity.

CLEVELAND – Firefighters Community CU said it has merged into it United Food and Commercial Workers Local 880 CU, a troubled $11 million credit union.

MIAMI LAKES, Fla. – Members of $20 million Mercy (Hospital) CU voted to merge their credit union into $135 million JetStream FCU, creating a credit union, with more than $150 million in assets, eight branch locations, and over 19,000 members throughout Miami Dade County and Puerto Rico.