Fintech

A major investor in Meta Financial Group has grown impatient with the company’s sagging stock price and is urging the Storm Lake, Iowa-based bank holding company to sell itself.

A San Francisco-based startup called Card.io is offering software that enables cell-phone cameras to scan credit card information, thus moving ecommerce from the Web to mobile.

BankSimple, which his nearing a soft launch of its Web-banking services, has signed two bank partners.

As consumers communicate more using social-media networks, credit card companies see the sites as new vehicles to tout their products and services.

Global technology vendor Serverside Group filed suit in federal court June 23 claiming dozens of credit union groups and banks are infringing on its patents for card customization technology.

MasterCard Worldwide continues to take a focused approach to Hispanic consumers thanks to its partnership with Univision Communications Inc., but Visa Inc. is banking on its overall prepaid marketing approach to target the segment.

Visa Inc. says its business "remains solid" in the face of pending restrictions on debit card interchange fees.

JPMorgan Chase & Co. has dropped more than a thousand collection lawsuits across the U.S. that sought to recover bad credit card loans from borrowers.

Using an ATM soon may be like a scene out of a science fiction movie.

Although mobile-payments venture Isis has publicly disclosed that it wants to add larger payments networks than its initial partner, Discover Financial Services, Discover says it might now be better positioned in the mobile-payments market.