Fintech

U.S. Bank has bought a type of corporate credit card network for truckers from prepaid company TransCard.

Visa Europe may receive an antitrust complaint from European Union regulators over credit card fees, the EU's competition commissioner said.

Count ATM equipment among the fast-changing technologies in today's payments landscape, as ATM vendors and banks contemplate newer devices that can provide a wider range of services.

TSYS' net income rose in the second quarter by 24.4%, to $68 million, from a year earlier as it prepares for a strong pipeline of new accounts.

Wal-Mart and Target have vocally opposed the card networks' proposed multi-billion dollar interchange fee settlement, but even these giants may not have the influence to spike the agreement.

BENTONVILLE, Ark. – Retail giant Walmart joined opponents of the Visa/MasterCard antitrust settlement today, threatening to scuttle final court approval of the landmark $7.25 billion deal.

Western Union said growth in the Middle East and Asia allowed the company to overcome slowdowns in other countries. Prepaid revenue increased 6% in the second quarter over last year.

Mobile wallet rivals will need to put their differences aside and work together to get the technology off the ground, a recent paper says.

Wal-Mart said that it takes issue with the multi-billion dollar swipe-fee settlement the card networks proposed this month.

JPMorgan Chase & Co. agreed to pay $100 million to settle credit-card holder claims that the bank increased their required minimum payments after promising a fixed interest rate.