Fintech

Two weeks before bitterly contested regulations regarding its debit cards went into effect in the fall, MasterCard Worldwide threw a party in New York. The company wanted to trumpet its commitment to the newest technology in payments, including a role in the about-to-launch Google Wallet, which lets a handful of eligible consumers buy chewing gum or bottled water by waving their smartphones around. Executives at the event were determinedly festive.

The growing appeal of reloadable prepaid debit cards may have more to do with controlling household budgets than an inability to get a bank account.

Loan originations continue to grow in several categories, especially to subprime credit card customers, new data show.

SAN FRANCISCO -- SaveUp, a consumer savings rewards program, announced today that it has partnered with 20 credit unions across the U.S. to distribute a customized version of its program incentivizing savings and debt reduction.

Google Inc. has acquired prepaid card processor TxVia, the companies announced April 2.

Celebrity-endorsed prepaid cards have become formidable rivals to banks, and it's not just because of their star power. Behind every big celeb is a seasoned banker.

AUBURN HILLS, Mich. – Genisys CU has launched a comprehensive business services offering for both small and mid-sized business.

SLEEPY EYE, Minn. – SouthPoint FCU said NCUA has approved its request to add four small counties – Nicollet, Sibley, Blue Earth and Le Sueur – to its field of membership.

BISMARCK, N.D. – The CU Association of the Dakotas is rolling out a new awareness campaign that will incorporate targeted mass media and social media.

Heartland Payment Systems Inc. is launching three smartphone applications for college campus cards, the Princeton, N.J.-based merchant processor announced April 2.