Fintech

NFinanSe Inc. is suing InComm Inc. in federal court for allegedly attempting to fix the price of reloading prepaid cards and violating its distribution agreement.

Mobile-payment proponents let out a collective groan when Apple Inc.’s latest iPhone 4S lacked a Near Field Communication chip.

Like a pop star who sells more records posthumously, the Google Checkout payment service may prove most beneficial to Google after it is phased out.

BMI Bank B.S.C. last week rolled out a service that enables its credit cardholders to pay their card bills at the issuer’s ATMs, the Bahrain-based bank announced Nov. 10.

Visa Europe plans to develop more loyalty programs for card issuers and merchants through its investment in data-analytics firm Beyond Analysis, the company announced Nov. 15.

In a policy shift, third party payment provider Lakala E-Billing Technology & Service Co. has begun charging cardholders when they use its service to pay their monthly card repayments, the Beijing-based company said last week.

Can using multiple branding terms to describe a payment process help an issuer to achieve its own brand loyalty and clarify its product message, or would doing so confuse customers?

Credit-union leaders called on Congress Nov. 16 to amend required disclosures at ATMs, eliminate annual privacy notices required for members and reduce financial reporting for small credit unions as part of its next round of sought regulatory relief.

Target Corp.’s U.S. credit card segment churned out a $143 million third-quarter profit, up 10% from $130 million a year earlier. But it could be the unit’s last such profitable quarter for a while, an executive for the retailer warned analysts on Wednesday.

PEORIA, Ill. – CEFCU said the identities and account numbers of its members fell into wrong hands with the theft of one of the credit union’s laptop computers.