Fintech

LEWISTON, Idaho-Bigger has proven better for Potlatch No. 1 FCU here, which has averaged 11.69% average annual growth over the past five years.

The final parameters of an antitrust settlement submitted to a federal court in New York Friday by the Department of Justice promises to give merchants and cardholders more choices when paying for goods and services by preventing Visa and MasterCard from enforcing anti-steering bylaws.

Still on the fence about EMV? High uptake from an early adopter, the United Nations Federal Credit Union, is allowing it to expand the card's availability, and provides evidence U.S. cardholders really like to use chip and PIN cards when traveling overseas.

AUGUSTA, Maine – Maine credit unions have launched an extensive summer radio campaign promoting the CU24 SURF ATM Network.

Mobile-based payment services could account for US$350 billion in payments and banking transactions in India by 2015, producing fee income that could exceed US$4.5 billion, a new report suggests.

As the first Irish bank to promote contactless payments, The Bank of Ireland plans to use one-on-one communications with cardholders to promote the benefits of contactless payment technology when it rolls out Visa payWave cards later this year.

Responding to consumer demand for multiple alternative online-payment options, Retail Decisions Ltd. has added six payment types to its fraud-prevention and payment-processing offerings, the company announced July 7.

Supporting acceptance of electronic payments at large, international sporting events promotes higher transaction volumes among tourists for the countries that host them even after the events are over, according to a recent tourism impact report from Visa Inc.

The Consumer Financial Protection Bureau likely will focus on the mortgage industry when it officially opens its doors July 21, some observers believe. And while the agency has made it known it will examine the prepaid card market, its specific intentions remains unclear.

As his company continues its mission to replace wallets and traditional payment terminals, MobilePayUSA CEO Randy Smith believes his company’s Virtual Terminal represents “more than a new way to pay; you are getting payments and marketing.”