Fintech

DOWNEY, Calif. – Financial Partners CU has launched its own reloadable debit card program for MasterCard.

Discover Financial Services may be having more success than its peers in getting consumers to revolve balances from month to month — which is where more profits lie.

Each day, the payments industry receives signals that consumers are happier using a contactless card system to pay transit fares than they are using the cards in stores.

Turning a phone into a credit card reader is no longer anything special. Square, facing increasing competition from bigger rivals, is adding features to its small plastic card reader to make it a more fleshed-out product for merchants.

A Denver-based start-up that began by offering Facebook credits as rewards is adding a proprietary prepaid card to create another redemption option and to help expand the program's marketing potential.

American Express Co. posted declines in credit card defaults and late payments for May.

WASHINGTON — The Consumer Financial Protection Bureau will begin publishing credit card complaints Tuesday in a searchable database, allowing the public for the first time to scrutinize the way individual banks handle complaints.

MADISON, Wis. – Summit CU has chosen four local families to compete for a $10,000 prize in its fourth annual Project Money savings contest.

Not to be outdone by other card brands or mobile network operators, MasterCard Worldwide and PrePay Solutions plan to launch a Mobile PayPass prepaid account for smartphones in a few months.

For international travelers, a new pact between a Citigroup Hong Kong unit and Planet Payment Inc. should take the mystery out of currency exchange rates on a purchase-by-purchase basis.