Fintech

If the banking industry has the upper hand in the fight over swipe fees — and it certainly appears to — its advantage stems in no small part from divisions within the eight million retailers in the United States. It's always easier to defeat a divided enemy than a united one.

Parkmobile USA Inc. is making payment for metered parking spaces less expensive for its members in Washington, D.C. with a Parkmobile Wallet option for aggregating credit or debit card transactions.

Credit bureau and data verification provider Equifax has developed a service to help payment processors meet merchant validation requirements for new tax reporting obligations that went into effect this year.

Barnes & Noble was sued by a Chicago-area consumer over the possible illicit capture of her debit card PIN and those of other customers in Illinois and eight other U.S. states.

BBVA will launch a trial of the V.me digital wallet with Visa Europe next month, making it the latest bank to support Visa’s digital wallet and the first in Spain to do so.

European parking lot company Q-Park will begin offering consumers the ability to pay for parking with devices that adhere to the EMV payment standard.

Security services firm ControlScan has partnered with payment processor Allifide Merchant Group to provide small and medium-sized businesses compliance services for Payment Card Industry security standards.

Bethpage FCU has released findings that indicate consumers are increasingly stressing the importance of free checking with no hidden fees as a top attribute when choosing where to bank.

Bethpage FCU has seen strong checking and membership growth all year as a result of the Bank Transfer Day movement. But most important, the CU says, is that the new members coming in are profitable.

Kristen Christian, the founder of Bank Transfer Day, says that her life is "barely recognizable" compared to a year ago.