Fintech

U.S. Bancorp is raising some of its overdraft fees, the latest example of banks changing what they charge checking-account customers.

AUSTIN, Texas – After an investigation prompted by local credit unions, two employees at Popeye’s Chicken were arrested Wednesday and charged with stealing customers’ credit and debit card information using a skimming device.

WARMINSTER, Penn. – Freedom CU is rolling out a new media campaign on radio, television and billboards in greater Philadelphia touting “Freedom From Banks.”

ORLANDO–Some banks see prepaid as an opportunity to attract new customers, but U.S. Bancorp has found that the cards also are popular with many existing customers.

Plaintiffs' attorneys have sued scores of banks over the manipulation of overdraft fees. But they've never enjoyed a more complete victory than in Gutierrez v. Wells Fargo.

India’s largest and most populous state of Uttar Pradesh plans to enable customers to pay their electricity bills online in hopes of providing a smoother experience and increase revenues.

Isis’ May 15 announcement of an expanded list of merchants who will participate in the soft launch this summer in Salt Lake City and Austin, Texas, should clarify to the industry that the telco-led mobile-commerce platform inevitably will roll out nationally, an Isis executive tells PaymentsSource.

GERMANTOWN, Md. – Montgomery County Employees FCU was approved by NCUA to add 22,000 employees of the Montgomery County School System to its field of membership.

LONG BEACH, Ore. – Wauna FCU has won approval from NCUA to expand its field of membership to the Washington side of the Columbia River and serve Washington’s Pacific County.

RBS Citizens Financial Group is adding person-to-person payments for its online-banking users and expedited automated clearinghouse funds transfers for its mobile-banking users.