Fintech

Young, tech-savvy adults may be the quickest to embrace new technology, but don’t bet on them trusting social media sites or funky startups with their cash. Banks win out easily, at least for now.

Despite new limits on debit card interchange, the price of Slurpees has stubbornly remained the same, according to a survey completed by the payments industry’s lobbying group.

More consumers are using smartphones to pay monthly bills, and cards are their preferred method of payment, according to new research from Fiserv Inc.

A wristwatch in the United Kingdom can do a lot more for its owner than provide an accurate time, if it happens to be a new watch2pay model that can complete contactless payments.

Cardtronics Inc. has agreed to replace the ATMs deployed at National Lumber & Hardware Co. locations in Puerto Rico, the nation’s largest ATM operator announced Dec. 8.

Fiserv Inc. has inked an agreement with Sunrise Community Banks to provide processing services for general-purpose reloadable prepaid debit and gift cards, the companies announced Dec. 8.

Executives from merchant-funded rewards companies dislike the title attached to the service they provide.

The Consumer Financial Protection Bureau on Wednesday unveiled a prototype for a simplified credit card agreement, the latest in a series of initiatives aimed at improving financial disclosures.

NEW YORK–It is a brave new world for retail bankers, who are struggling to mend their reputations and relationships with their increasingly disgruntled customers.

Contactless-payment terminal maker Ingenico SA has fueled a prepaid card project for Turkey’s public transportation system, the France-based company announced Dec. 6.