Fintech

MasterCard has acquired Truaxis Inc., a Silicon Valley start-up that crunches payment data to target special offers and discounts from merchants to debit and credit cardholders.

Elan Financial Services' MoneyPass electronic funds transfer network is extending its surcharge-free ATM coverage to include 2,000 stores through Walmart's MoneyCenter Express machines.

ISHPEMING, Mich. – A member of Ishpeming Community FCU won the $10,000 Michigan credit unions’ Own Your Money sweepstakes just by clicking on the credit union’s link.

The Payment Card Industry Security Standards Council plans to recruit more soldiers in its ongoing war against fraudsters and cybercrooks. A new program allows any qualified individual to become a certified PCI Professional.

Visa cardholders will be able to receive immediate fashion offers via text message under a mobile-offers test Visa is conducting with Neiman Marcus.

VeriFone's stock price tumbled after the maker of payment terminals reported third-quarter sales that fell short of analysts' estimates, citing unfavorable currency swings, competition in Europe and a fire in Brazil.

Google, like its mobile-pay rival Isis, relies on phones built with Near Field Communication chips to support its mobile wallet. So the growing number of NFC-equipped phones should give the Google Wallet a strong boost — shouldn't it?

FORT ATKINSON, Wis. – Fort Community CU has signed with Austin, Texas-based fisoc, Inc., to offer the company’s BuzzPoints local rewards program.

Wright Express, a leading issuer and processor of fleet and other prepaid cards, has signed a definitive agreement to acquire Fleet One for $369 million in cash from private equity firms LLR Partners and FTV Capital.

Acculynk says it has hit "an absolute home run" in completing an acquisition that brings its online PIN-debit technology to small and midsize merchants.