Fintech

Putting bankcard security control into the hands of the consumer, Diebold Inc. is providing a service that can enable cardholders to render their cards active or inactive with a text message from a mobile phone.

PayPal Inc. is about to introduce a new plastic card that is something of a Trojan horse.

Criminals using a technique called cash trapping have contributed to a 69% increase in European ATM fraud attacks, a new report reveals.

A former head teller at West-Aircomm Federal Credit Union on Oct. 18 pleaded guilty to embezzling $400,000 by taking cash from three ATMs.

MASSILLON, Ohio – Massillon Area Credit Union has changed its name to Friends and Family CU to reflect its new community charter.

Bank of America Corp. does not fear losing customers because of its controversial $5 monthly debit fee, Brian Moynihan, BofA chief executive officer, told analysts today.

New innovation in remote deposit capture is coming fast as banks move into mobile capture and combine automated check deposits with other mobile and Web-based financial services.

Seeking to provide a means for underserved Hispanics to take a safer first step into financial services, a Des Moines, Iowa-based consulting firm is marketing a Visa-branded prepaid card designed specifically for Latin Americans.

Consumers in the United Kingdom are concerned about security when considering using mobile-wallet payment systems, according to new research Intersperience Research Ltd. released Oct. 14.

JPMorgan Chase & Co.’s consumer credit card unit reported net income of $849 million for the quarter ended Sept. 30, down 8.3% from $926 million a year earlier, as fewer consumers opened new accounts and the percentage of consumers revolving a balance declined.