Fintech

NEW HAVEN, Conn. – Three credit union organizations have received funding from Innovations for Poverty Action under the anti-poverty group’s U.S. Household Finance Initiative.

India’s top payments authority says it plans to launch chip-and-PIN RuPay debit cards in the country by March 25 as part of expanding the card brand’s reach. The product also will include point-of-sale acceptance; earlier versions were usable only at ATMs.

NCR Corp. got a big fourth quarter push from surprisingly high demand for new ATMs from midsize regional banks, but ATM demand in Europe stalled.

LIVE OAK, Texas – Randolph-Brooks FCU is paying members more than $6.6 million in debit card cash back later this month.

Coordinated cyberattacks against financial institutions are not likely to disappear anytime soon, but a recent surge unfolding in Brazil should heighten payments industry security awareness in light of the country’s growing electronic-payments market.

For a product claiming to protect consumers from unforeseen misfortunes, banks' credit card payment-protection plans have made plenty of enemies. A federal probe could give those opponents the upper hand for the first time.

Navigant Credit Union has chosen Fiserv Inc.’s Acumen account processing service with ASP delivery.

FITCHBURG, Mass. – Workers’ CU said it is offering free checking in Massachusetts for members or new members.

CHARLOTTE, N.C. – Charlotte Metro CU took on the big banks and their fees with a local TV ad during Sunday’s Super Bowl, its third-annual foray into the year’s largest televised event.

NCR Corp.'s revenue rose 17% in the fourth quarter to $1.64 billion from $1.4 billion a year earlier, with financial services revenue rising 16% to $908 million from $785 million.