Fintech

The credit card industry is slowly turning a corner.

ABERDEEN, Md. – Aberdeen Proving Ground FCU paid two members $100 Visa gift cards as part of its “Refer a Friend” contest.

CHATSWORTH, Calif. – Premier America CU has signed with SaveDaily to offer its members the ability to invest in the company’s proprietary mutual fund program.

The U.S. migration to EMV is far away, but U.S. travelers' EMV options are growing close to home.

Online coupon site RetailMeNot.com plans to ride the momentum of a paperless coupon beta test it held at last month’s South by Southwest multimedia festival in Austin, Texas, to stage a national rollout this summer, PaymentsSource has learned.

Another suspect on April 9 pleaded guilty to an interstate ATM-skimming conspiracy that stole payment card data from customers and members of 11 banks and credit unions, including American Eagle Federal Credit Union, and created counterfeit cards to steal more than $335,000.

BEL AIR, Md. – Freedom FCU has signed with the Harford County Education Association to provide financial services and benefits for the local teachers union’s 2,070 members.

At least one vending machine payment-processing company has cut off acceptance of debit MasterCards because of new debit card interchange rates that resulted from the Durbin amendment.

India’s postal agency is one step closer to installing its own ATMs as part of an attempt to make use of its reach and huge deposit base and become a larger financial-services player.

A federal court in Harrisburg, Penn., earlier this month dismissed a lawsuit alleging Pennsylvania State Employees Credit Union violated provisions of the Electronic Funds Transfer Act after the credit union produced evidence suggesting that someone had removed the legally required notice affixed to an ATM disclosing the fees to be charged to nonmember users of the cash machine.