Fintech

In recent months, several payments industry players have expanded north into Canada, benefiting from the country's similar financial landscape and largely absent language barrier, but sometimes slowed by differences in regulation and technology.

Diebold indefinitely suspended its plans to construct a new global headquarters in Ohio, an apparent casualty of the ATM manufacturer's struggling performance that it attributed to business delays in North America and Brazil.

As Isis launched its long-awaited mobile wallet test in Salt Lake City and Austin, Texas, many people flocked to try it out — and quickly reported their impressions over Twitter.

Huntington Bancshares said it plans to add 250 jobs in the Buckeye State over the next four years to support its new credit card business.

A proposed settlement of a merchants’ lawsuit over credit card fees that may cost Visa Inc., MasterCard Inc. and banks as much as $7.25 billion is probably worthy of approval, a federal judge said.

Paul Whitmore was direct and blunt in his assessment of the state of payments in the U.S. when he spoke at this week's Chicago Payments Symposium at the Federal Reserve Bank of Chicago: "I've been sitting here for two days, wondering how did you get yourself into this mess?"

Dwolla now allows users to make payments in batches, a feature designed to elevate the service beyond person-to-person payments and turn it into a viable tool for business.

Walmart's Bluebird account — which the retailer is launching with American Express — and JPMorgan Chase's Liquid prepaid card are both potential disruptors that threaten conventional prepaid card companies' profits.

Banks looking to reinforce their defenses against data theft may want to start with their automated teller machines.

NEW YORK – A federal judge yesterday set an expedited schedule for opponents to air their concerns over the proposed Visa and MasterCard antitrust settlement, a move which could prove difficult to efforts to defeat the landmark deal.