Fintech

Google has changed the rules about how issuers get into its mobile wallet, and American Express is the first to vocally and vehemently oppose Google's new setup. The outcome of this dispute could decide who controls transaction data in mobile payments.

The use of mobile applications to help consumers pay for parking is growing, with three companies recently announcing expansions and new technology.

A penny per transaction may be enough to cover issuers' costs of preventing credit and debit fraud now, but that math could change if fraud incidents spike.

VeriFone shares fell the most in more than two months after Starbucks, the largest coffee-shop chain, said it will use Square’s rival payment system in 7,000 stores.

Starbucks' $25 million investment in Square says a lot about the mobile payment provider's appeal to larger merchants — but the coffee chain's decision to leave out some of Square's technology also speaks volumes.

Acculynk, which supports PIN-debit card use online, announced American Airlines as the first major airline to go live with its PaySecure product.

Cardtronics expects the 6,200 machines its ATM Network Inc. acquisition brings to provide potential marketing and advertising opportunities.

KeyBank will soon get to test the power of years of investments to its operations and redesigns to rewards as it moves its credit card operation back under its own roof.

Cardtronics USA has acquired the assets of independent sales organization ATM Network Inc., including its merchant contracts, customer relationships, online store and Web properties.

Overall consumer borrowing rose in June as a result of increases in auto and student loans. At the same time, consumers cut back on credit card use.