Fintech

OSHKOSH, Wis. – CitizensFirst CU said Friday it has acquired Chatter Yak!, LLC a CUSO providing outreach and marketing to young people.

Debt buyer Encore Capital Group, based in San Diego, reported strong financial gains for the third quarter ended Sept. 30, including record earnings, collections and operating cash flow.

The storm left many without electricity, phones and use of the roads. But in many of the affected areas, consumers and merchants continued to conduct business and found a way to handle payments.

The dominant prepaid card marketers, Green Dot and NetSpend, faced a new and significant rival with the launch two weeks ago of the Bluebird card by American Express and Wal-Mart. Both prepaid companies are expressing early optimism — but long-term uncertainty looms.

NXP Semiconductors has developed a touch sensor that could combat thieves using a mobile scanner to attempt to steal account details from contactless payment cards.

Green Dot announced Thursday that its quarterly earnings fell 20% from a year ago as competition intensified in the prepaid card market.

LONGVIEW, Wash. – NCUA has approved a request from Fibre FCU, which serves Cowlitz County, to add tiny Wahkiakum County and two Oregon counties, Columbia and Clatsop, to its field of membership.

Visa seems to have weathered the most severe effects of new rules that shook its hold on the U.S. debit card market, though the company still faces a government investigation into the methods it is using to recoup lost revenue.

NEW YORK -- The National Retail Federation and more than a dozen of the nation’s most prominent retailers today asked a judge to reject the proposed Visa/MasterCard antitrust settlement, saying it would not bring credit card swipe fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

Google added a mobile commerce payment option to Google Wallet, which already supports online and point of sale purchases.