Fintech

Isis, the mobile-payment joint venture backed by AT&T, Verizon Wireless and T-Mobile USA, is on track for a debut in September, following months of delays and a change in strategy last year.

With their "Project Oscar" mobile payment joint venture remaining uncertain because of a regulator's investigations, major European telcos are turning to traditional payment companies to get back in the mobile payments game. MasterCard's new five-year agreement with Everything Everywhere is a case in point.

USA Technologies has added a Web service called QuickConnect, which helps developers and original equipment manufacturers use the vendor's ePort Connect platform for accepting card payments.

MasterCard continued to expand its partnerships with European telcos, announcing an exclusive, five-year agreement with Everything Everywhere to develop mobile and digital payment applications.

CHICAGO – Alliant CU said this morning it signed with SaveDaily to offer its members additional Health Savings Account choices.

The rate at which lenders declare credit card loans uncollectible ticked up at four of the six largest issuers in July from the previous month.

Prospects for the Visa/MasterCard antitrust settlement received another jolt last week when the Retail Industry Leaders Association weighed in against the terms, joining other influential opponents of the landmark deal.

WASHINGTON – Prospects for the Visa/MasterCard antitrust settlement received another jolt last week when the Retail Industry Leaders Association weighed in against the terms, joining other influential opponents of the landmark deal.

Small business owners in Europe certainly won't have a shortage of mobile payment options to choose from, as more companies enter the market locally and from the U.S.

Just as the plastic card liberated many consumers from a reliance on cash and coin, alternative payment sources are gaining enough adoption to steal transactions from plastic — with a little help from the very companies these digital currencies threaten.