Fintech

Taxpayer refund checks are becoming extinct in certain states as the government-issued prepaid card phenomenon spreads to new categories.

Domestic users of SolidTrust Pay Ltd.’s funds-transfer scheme have few options for accessing and using their account funds. Essentially it’s limited to email exchanges.

Eyeing the growing Asian online retail market, Hong Kong-based online and mobile-payment services provider AsiaPay Ltd. has launched a debit-based payment service for the Asia Pacific region.

One scene rang particularly true in the recent episode of CBS's The Good Wife about the digital alternative currency Bitcoin.

KALAMAZOO, Mich. – Consumers CU is relying on real members to tell their testimonials to the public in a new multi-media campaign that focuses on the financial success many members are celebrating due to their credit union.

The carve-out exempting smaller banks from new debit-interchange price caps seems to be working, enabling certain issuers with less than $10 billion in assets to launch rewards initiatives just as larger banks generally have been shutting theirs down.

The Philippines provides a perfect target market for a prepaid card when considering many of its nearly 100 million residents do not engage in traditional bank services, and only an estimated 7.5 million carry credit cards and 31 million have debit cards.

Bank of the West is on the brink of settling a lawsuit targeting its overdraft fee practices, making it the 10th bank to buy its way out of a massive Florida class action case.

Thailand’s Bank Co. Ltd. has launched the country’s first Visa-branded prepaid gift card with the hope of attracting new, young customers ahead of the Chinese New Year, which begins Jan. 23.

TUKWILLA, Wash.-Many credit unions have seen an increase in new members and loans as a result of Bank Transfer Day. And then there's BECU here.