Fintech

A regional credit union in Florida burned a few years ago by high counterfeit card losses says it has cut its actual losses to one-third what they were before deploying a fraud-prevention service earlier this year.

ORLANDO–Banks want to strike gold again in payments, but they are still struggling to figure out which river to pan.

Motorists in Bahrain soon will have a new way to pay for their fuel thanks to one of the country’s largest fuel retailers, which launched a smart prepaid card May 14.

Ottawa, Canada, has joined a growing list of North American cities supporting mobile payments for parking.

Wright Express Corp. bolstered its prepaid-travel products presence in the United Kingdom by purchasing CorporatePay Ltd., a provider of virtual and actual prepaid cards and other travel-industry expense-management products.

Some 15 years after the first EMV chip cards appeared, less than half of all payment cards worldwide conform to the EMV chip card standard, underscoring the slow, gradual speed EMV card deployments generally require.

Bangladesh's ATM penetration is less than one-tenth the world average, but a new partnership between Wincor Nixdorf and ITC Ltd. is helping to address the gap by rolling out new machines in underserved areas of the country.

CHELSEA, Mass. – Metro CU, which has emerged as one of the state’s biggest credit unions through a recent series of mergers, is launching a new ad campaign proclaiming it is no longer a secret.

ORLANDO – Credit and debit sales volumes have been crisscrossing over the past 17 months, but without an obvious explanation.

Alfa-Bank and Rosbank earlier this month merged their ATM networks as the Russian financial institutions looked to compete with Sberbank, the country's largest bank.