Fintech

American Express Co. is expanding its prepaid payments business through a partnership with CardSmith LLC, which develops and manages campus ID card programs for colleges.

In an unintended consequence of the newly revised federal rules on cybersecurity, banks are likely to fare much worse in lawsuits over fraud losses.

Call it cash-back rewards for credit card lenders.

Most prepaid cardholders are content with their cards, with nine out of 10 customers being “extremely” or “very” satisfied with their prepaid cards. However, issuers could do more to keep customers for the long haul, new research suggests

To make health care transactions more transparent and simpler, Qatar is making the use of bankcards for the payment of health care bills mandatory at its hospitals and clinics.

Visa Inc. is expanding efforts to promote its prepaid card products through a sponsorship of the Essence Music Festival taking place in New Orleans over the July 4 holiday weekend.

Visa Inc. is expanding efforts to promote its prepaid card products through a sponsorship of the Essence Music Festival taking place in New Orleans over the July 4 holiday weekend.

Online and mobile-payment startup Dwolla Corp. has been building a payment network called Grid that company executives believe to be more secure than MasterCard Worldwide’s and Visa Inc.’s card networks.

PIERRE, S.D. – TCF Financial agreed yesterday to dismiss its suit challenging the Federal Reserve’s cap on debit fees, but said it may decide to come back with a subsequent challenge later on after it reviews the Fed’s final rule.

WASHINGTON–TCF Financial Corp. on June 30 abandoned pursuit of a lawsuit against the Federal Reserve Board on its proposed debit interchange rule.