Fintech

MADISON, Wis. – A new study issued by the Filene Research Institute suggests that fewer service and product offerings may be more efficient and beneficial for credit union members.

VeriFone is making good on its original promise to open up its Square-like mobile card reader, Sail, to developers.

Google Wallet is under increasing pressure — though the mobile wallet has been in consumers' hands for over a year, Google still has fewer issuer partners than its rival Isis, and with the Merchant Customer Exchange wallet on the horizon, Google now faces competition from the very retailers it seeks to attract.

A payments technology provider is enabling acquirers, independent sales organizations and agents to offer a prepaid MasterCard to their merchant customers and share with them a portion of each purchase.

AT&T has agreed to sell Square's smartphone-based card readers in its 1,000 company-owned retail stores.

The number of open retail credit card accounts in the U.S. has reached heights not seen since the end of 2009.

Adding payment acceptance to a website could be as easy as embedding a YouTube video or sharing a link on Facebook.

Consumers want their bank to provide them their first mobile wallet because of their trust in the institution. But, at least in the UK, no wallet provider has thus far addressed all of consumers' concerns with mobile payments, new research shows.

Apple's iWallet is much anticipated but, due to Apple's notorious secrecy, still very hard to picture. A new patent lends some slight clarity to the company's mobile-payment vision.

GRAND PRAIRIE, Texas – A longtime member of Neighborhood CU opened her door yesterday on a rainy morning and received a lucrative surprise presented to her by the chief executive of her credit union, an oversized $10,000 check as quarterly winner of the credit union’s Prize Savings Account.