Fintech

Consumers use debit cards more often than other payment options at the point of sale, but their use of cash is not far behind, suggesting that they continue to monitor spending to stay within their budgets, new research shows.

Consumers use debit cards more often than other payment options at the point of sale, but their use of cash is not far behind, suggesting that they continue to monitor spending to stay within their budgets, new research shows.

Conditioned by 24/7 access to their bank accounts, customers expect to find help whenever and wherever they need it. The last place they'll discover it, however, is in a bank branch after hours.

Credit unions and banks urged a federal appeals court in Sioux Falls, S.D., to act quickly to block the Federal Reserve’s implementation of debit card caps, which they insist will break thousands of credit unions or banks.

VeriFone Systems Inc.’s Paymedia add-on now enables gas stations to present advertising on their pumps’ screens, the terminal maker announced May 16.

Dwolla Corp., an alternative payments provider, is developing technology to help banks cut fraud as they start allowing transactions from mobile devices — and also help them decide which mobile devices are worth investing in to begin with.

SIOUX FALLS, S.D. – Credit unions and banks urged a federal appeals court here to act quickly to block the Federal Reserve’s implementation of debit card caps, which they insist will break thousands of credit unions or banks.

Wireless-network operator Orange continues to expand its reach in the payments sector with what it says is the United Kingdom’s first major contactless prepaid debit card.

Prepaid debit card providers might gain new customers by adding mobile remote deposit capture services because underbanked consumers see value in the technology, suggests new survey data.

Greylock Federal Credit Union of Pittsfield, Mass., is upgrading its ATM fleet to give the machines both physical access and communication-related elements for the visually impaired and those who have mobility handicaps.