Fintech

InteliSpend Prepaid Solutions LLC is offering a Visa-branded prepaid corporate card as an alternative to traditional corporate credit cards, the company announced an.4.

Consumers might be warming up a bit to using credit cards again after overindulging in card use during the recession, a new poll suggests.

ORLANDO, Fla. – Insight CU on Tuesday said it completed its merger with Florida Episcopal FCU, an insolvent $3-million credit union, giving it a new base for membership growth in Central Florida.

COLLINSVILLE, Ill. – Scott CU, a one-time defense credit union that now serves all of southwest Illinois, is seeking to establish its footprint in neighboring Missouri.

Citigroup Inc.'s new Facebook application moves the ball forward for banks that want to combine social media with banking activity, but it also raises concerns about privacy and security of consumer data.

Justice Department lawyers say a former government informant convicted of hacking into TJX and more than a dozen other leading retailers was never authorized by the U.S. Secret Service, which was employing him as an undercover informant, to steal data on more than 150 million credit card accounts.

BOSTON – Justice Department lawyers said a former government informant convicted of hacking into TJX and more than a dozen other leading retailers was never authorized by the U.S. Secret Service, which was employing him as an undercover informant, to steal data on more than 150 million credit card accounts.

Credit card issuers failing to promote recurring-payments options appear to be missing a significant opportunity to establish a fixed source of revenue and a means to reduce charge-offs.

Consumers outside the United States for years have relied on mobile phones to conduct crucial financial transactions such as collecting funds sent through remittances. M-Pesa in particular has helped millions of consumers in Africa to receive funds-transfers through a branchless mobile-banking service.

Which has their heads in the clouds? Merchants and consumers who fear a lack of data security in a cloud-based payment system? Or the vendors selling the systems that assure they are safer than centralized security platforms?