Fintech

Marqeta has launched a consumer rewards prepaid card in hopes of capturing the success of Starbucks' loyalty program and spreading that wealth to other merchants.

Citigroup is letting its retail customers receive e-mailed ATM receipts.

Groupon is the latest of many companies to provide merchants with a card reader that clips to smartphones. But the daily-deals company is not simply selling a me-too device — it is planting the seeds of a bigger payments strategy.

ARLINGTON, Va. – A study released this morning by NAFCU shows that credit unions have increased their debit interchange revenues since last year’s enactment of the Durbin Amendment’s cap on interchange because of a rise in transaction volume, even though per-transaction fees have declined for many of them.

MasterCard re-Power prepaid cardholders can now reload or top-up their card accounts at any of more than 45,000 Western Union locations in the U.S., improving the appeal of the card to the underbanked worldwide.

Although hospitality-focused mobile payment application developer Tabbedout's technology has some resemblance to Square's mobile wallet, the vendor says it designed its system to be more compatible with established payment systems.

WATERTOWN, N.Y. – Northern FCU on Tuesday said it is eliminating fees on check-cashing, incoming wire transfers and account balance reconciliations, and cutting other fees on money orders and deposited checks returned unpaid.

Echoing elements of the mortgage robo-signing controversy, investigators are looking at whether JPMorgan Chase and other banks botched the documentation and amounts owed on card debts they sold.

In the world of plastic cards, if a consumer loses one card, every card linked to that account must be canceled. That isn't the case with mobile wallets.

DENVER – Partner Colorado CU has been chosen to receive free consultations from some of the Denver area’s biggest and most successful brands, including the Denver Broncos, Chipotle, Comcast, Frontier Airlines, RE/MAX, and Vail Resorts, on how to get the most out of its social media marketing as part of the SMB Social Media Makeover Forum.