Fintech

MasterCard's approach to mobile payments is driven greatly by the series of mobile phone innovations simultaneously occurring around the world, according to the network's group executive for mobile.

Any uncertainty in mobile wallet development fuels speculation in an industry anxious to see what shape mobile commerce will ultimately take. In this industry, products that make it even farther than where Isis is today don't always work out.

HARRISBURG, Penn. – Separate members of People First FCU and of Diamond CU are winners of the Pennsylvania CU Association’s iBelong Tailgating contest, winning a pair of tickets to see the NFL’s Philadelphia Eagles game.

NEW YORK -- The American Booksellers Association announced yesterday that it is joining the National Association of Convenience Stores, the National Retail Federation, the Retail Industry Leaders Association, and other merchant groups opposing the proposed $7.25 billion settlement of a federal antitrust lawsuit over Visa and MasterCard credit card swipe fees.

HUNTSVILLE, Ala. -- For Redstone FCU, part of the new competitive strategy is to actually sell its own technology expertise, through Open Solutions Inc.’s DNA online apps store.

ALEXANDRIA, Va. – The NCUA Board is scheduled to vote next week on one of the broadest community charters before it for the past few years, a request by BMI FCU to serve about two million residents in the greater Columbus, Ohio, area, the state capital.

As mobile banking and payments take off, self-service manufacturers such as Diebold are increasingly challenged to weave mobility into their ATM and kiosk technology.

Total System Services expanded its payments processing reach this week in Africa and Mexico.

Debit-card use grew over 2011 and 2010 for straightforward reasons: consumers wanted to reduce credit card debt and more merchants are willing to accept debit cards for small transactions.

A report that Square is near a deal to put its credit-card reader in more New York City taxis isn’t true, according to a statement from New York City’s Taxi and Limousine Commission.