Fintech

As EMV chip-and-PIN payment card technology spreads to new markets, an Argentina technology company sees opportunity in developing a biometric fingerprint-scanner to replace personal identification numbers for card authentication.

The Reserve Bank of India has released a final roadmap and a fixed timeline for banks to ensure the systems they use to process card transactions are secure.

Plaintiffs’ attorneys who are accusing a few dozen of the nation’s largest banks of ripping off consumers by manipulating overdraft fees have put on an impressive display of legal firepower in court, positioning themselves to potentially score massive settlements or verdicts.

LAS VEGAS-Looking to grow mortgage lending? Target a largely untapped market: young, female buyers.

LIVE OAK, Texas-Randolph-Brooks FCU is growing substantially in members, assets and loans and humbly says it's not the result of rocket science.

The combined effects of tighter lender underwriting criteria and continued consumer discipline in keeping credit card accounts current drove the bankcard delinquency rate to new lows through the second quarter, according to data from the American Bankers Association.

Bank of America Corp. should expect to lose some consumers in the Lone Star state over its new debit card fee if a recent survey from a Dallas-based regional-payments association is any indication of growing angst with financial institutions.

In a move that MasterCard Worldwide says is helping to pave the way for contactless mobile payments in the U.S., the card company on Oct. 7 announced that 7,000 Subway restaurants will accept PayPass by the end of the first quarter of 2012. Subway follows McDonald’s Corp., which began taking PayPass in 2004 at its U.S. locations.

In an effort to thwart fraud attempts at the earliest stage of the online ticket-purchasing process, Turkish Airlines Inc. has opted to link its website to CyberSource Corp.’s fraud-monitoring services.

Bank of America Corp., whose website has been down sporadically since Sept. 30, says the problem stemmed from technical hiccups, not a hack attack.