Fintech

PLYMOUTH, Minn.-A small group of members has a much better understanding of their credit union's inner workings after attending a "Behind the Scenes" day at TruStone Financial FCU here.

TEMPE, Ariz.-TruWest Credit Union says members appreciate its old school approach and its paper switch kits, but it also is working on electronic forms and mobile access.

SAN DIEGO-Credit unions across the country last week were busy rolling out marketing messages to take advantage of Bank Transfer Day on Nov. 5.

JPMorgan Chase & Co. has decided it will not charge customers who use their debit card fees to make purchases, a person familiar with the bank’s decision confirmed to PaymentsSource.

CHICAGO–Merchant acquirers, independent sales organizations and payment processors should become better “payment consultants” for their merchant clients and provide as much advice as possible regarding data security.

Green Dot Corp. is licking its lips over banks’ new debit card fees, but the prepaid card company still does not know quite how large its eventual meal will be.

NCR Corp.’s acquisition and pension costs contributed to a decrease in third-quarter profits. But the top executive of the ATM and kiosk maker expects two recent purchases, combined with continued demand worldwide, to generate strong long-term growth.

MoneyGram International Inc. showed decreases in its bill-payment revenue for its third-quarter earnings report but says it is ramping up its billing business.

MasterCard Worldwide has signed a letter of intent with Russian cell-phone carrier Mobile TeleSystems to bring PayPass contactless-payment functionality to Russian mobile phones, the card brand announced Oct. 28.

Xceed Financial Credit Union has signed with Allpoint Network to offer its thousands of surcharge-free ATMs to the institution’s members.