Fintech

Banks are not yet able to meet the demand for mobile check deposit, according to a Javelin Strategy and Research study released on May 24.

The emphasis on broad merchant participation at the outset of development of the Google Wallet sets it apart from certain other initiatives and could be the crucial element in driving consumer adoption, according to at least one smart card industry executive.

Charles Schwab Corp. and Fidelity Investments have rolled out mobile check deposit services to their customers.

Alipay.com Co Ltd, China’s largest online payment service provider by transaction volume, has lost two of its major partners in China, according to reports.

OAK BROOK, Ill.–The Midwest Acquirers Association is forming local chapters to bring together acquiring-industry employers and prospective employees, provide members with payments-industry information, and share tips on selling and promoting payment services.

Google Inc.’s new mobile payment system puts pressure on Isis, the wireless carrier-backed joint venture trying to develop a competing system.

This story was updated from its original version.

This story has been updated from its original version.

Wincor Nixdorf AG said it will provide BB&T Corp. with automated teller machines and services for up to 100 locations in North Carolina and Florida.

Travelex Currency Services Inc., one of the few companies that offers U.S. residents cards that adhere to the EMV Integrated Circuit Card Specifications, has begun selling the cards online.