Fintech

In a move exemplifying efforts to move more cash and check payments to credit and debit cards, a national social network of babysitters and parents called SitterPals.com has signed up to use Square Inc.’s service to accept credit card payments for their services, the company announced Aug. 31.

Fiserv has re-branded its Mobile Money and the BankAnywhere mobile-banking products it gained when it acquired Mobile Commerce Ltd. re-naming all the programs Mobiliti.

Bank technology vendor S1 Corp.’s board told shareholders not to accept ACI Worldwide Inc.’s exchange offer, at least not yet.

Diebold Inc. has found a way to decouple the brains of the ATM from the body.

Diebold Inc. has found a way to decouple the brains of the ATM from the body.

U.S. Bancorp, one of the first financial institutions to offer mobile fraud alerts to credit card customers three years ago, has expanded its alert program to ATM and debit card holders.

U.S. banks are beginning to ramp up their credit card offerings as part of broader strategies to offset declining debit card revenue resulting from new Federal Reserve debit-interchange rules going into effect Oct. 1, certain analysts suggest.

The wireless carriers involved in mobile-payments venture Isis reportedly plan to invest more than $100 million into the project.

Euronet Worldwide Inc.’s epay division has formed a partnership with social games developer Zynga Game Network Inc. to enable consumers to purchase Zynga Game Cards through epay’s cash-load network, the companies announced Aug. 30.

The average U.S. bankcard charge-off rate dropped sharply in June, registering the second-largest monthly decline since the Bankruptcy Reform Act took effect in 2005, according to the latest data from Fitch Ratings Inc.