Fintech

Visa Inc. has launched a new marketing campaign in support of its “You and 10 Super Bowl Sweepstakes” that takes more direct aim at consumers through strategic integration with social media websites.

LAS VEGAS—Established payment card networks are well-positioned to continue generating profits over the long haul, as long as they continue adapting to changing payments technology, a panel of investment industry analysts told attendees Nov. 3 at the ATM, Debit & Prepaid Forum. But Near Field Communication-based mobile payments and mobile wallets might fall short of expectations, the analysts suggested.

Cardtronics Inc.’s recent acquisitions are strengthening the ATM independent sales organization’s retail and bank relationships, providing better customer service and growing its presence outside the United States, the company’s CEO noted during an analyst call to discuss third-quarter earnings.

Emphasizing a mobile-payment method that translates to an enhanced shopping experience for consumers, AisleBuyer LLC has added a New England supermarket chain that will offer its “virtual checkout” application, the Boston-based mobile commerce provider announced Nov. 7.

Square Inc. continues to secure investors, and the latest one is bringing a lance to the table.

Suncoast Schools Federal Credit Union is replacing 94 of its ATMs with advanced-automation Diebold Opteva machines that feature rapid-processing technology and Agilis 3, Diebold's newest, multivendor software, the credit union announced Nov. 8.

Bank of America Corp. is the second major card issuer to buck a recent smart card trend by structuring its EMV cards for U.S. commercial cardholders traveling abroad with chip-and-PIN technology instead of chip-and-signature.

Banks in Thailand have agreed to eliminate some ATM-withdrawal fees as part of a relief offering in reaction to flooding in the capital city of Bangkok and other towns.

BETHPAGE, N.Y. – Credit unions around the country are reporting their best one-day membership gains for Saturday’s Bank Transfer Day, with hopes the momentum will continue building in the coming weeks and months.

Cardtronics Inc. on Nov. 7 reported second-quarter revenues of $165.1 million, up 21% from $136.6 million during the same period ended Sept. 30 last year. Net income rose 127%, to $46.8 million from $20.6 million.