Fintech

Terminal maker VeriFone Systems Inc. has taken a key step toward bringing its recently acquired Hypercom Corp. hardware operations abroad under one roof by making its product information available to Hypercom distributors in Western Europe, the company said Sept. 12.

The time it takes to convert different brands of ATMs in a bank network to consistent operations and servicing processes using multivendor software has decreased dramatically, NCR Corp. announced Sept. 8.

UniRush LLC, the marketer of the prepaid card RushCard, has hired JPMorgan Chase & Co. veteran Rob Rosenblatt to be its CEO. Analysts have said the RushCard is among the contenders in a prepaid card market “brawl,” as they compete for specific ethnic groups and other segments within the unbanked population (see story).

Conservative lender American Express Co. is trying more and more to look like a start-up.

Federal agents in Seattle nabbed the third suspect in two elaborate card-skimming schemes on Sept. 6, ending a crime spree that netted more than $500,000 in fraudulent transactions and affected hundreds of consumers in six western states.

SAN DIEGO-"Big Bankers" invaded the beach here over Labor Day weekend. Or at least they did in TV spots from San Diego County Credit Union, which has been running a series of television commercials this year featuring "big bankers" and their love of high fees.

LAS VEGAS-For more than two decades American consumers borrowed rather than saved, and now that behaviors have reversed themselves, one economist wonders if credit unions will have to rethink their strategic focus.

ARVADA, Colo.-A group of credit unions here has found success building membership and growing loans by appealing to young consumers through avenues that include video games and poker tournaments.

IRWINDALE, Calif.-SCE FCU's "People Powered Banking" branding campaign features 10-foot tall images of its members all around the Los Angeles area, along with a cheeky message.

LAKE JACKSON, Texas-Moving to a community charter means taking on the big boys, and TDECU likes to do that one at a time.