Fintech

DeviceFidelity Inc. on Wednesday said it was issued a patent for using near-field communication technology to perform payment and other activities on mobile devices.

POTTSVILLE, Penn. – Hidden River CU, a $110 million credit union serving the education community in Schuylkill County, has been approved by state regulators to convert to a community charter serving all 150,000 people in the county.

In launching its own digital wallet, Visa Inc. says its size will help it succeed in a market where many established payment companies have learned the hard way that bigger is not always better.

The PIN pad-tampering attack Michaels Stores Inc. revealed earlier this month is far more widespread than it originally believed, affecting at least 90 payment terminals in stores in 20 states, the retailer announced May 11.

Despite the buzz surrounding mobile-banking services, a relatively few consumers use them on a regular basis, though nearly half are familiar with them, new research suggests.

Despite the buzz surrounding mobile-banking services, a relatively few consumers use them on a regular basis, though nearly half are familiar with them, new research suggests.

Online Resources Corp. remains an appealing target for acquisition, analysts say, despite posting a first-quarter loss and being ordered by a court to pay $5.3 million to its founder.

Users in India of the online funds-transfer and payment service offered by U.S.-based PayPal Inc. face additional hurdles when making transactions, according to a notice the eBay Inc. unit released May 9.

Executives at Global Cash Access Holdings Inc. see positive market trends ahead, but they believe the road to recovery for the provider of cash-access and related card and ATM services to casinos will be bumpy.

SecurityMetrics Inc. has introduced SecurityMetrics Vision, a network-threat sensor designed to help small merchants secure their business networks and comply with the Payment Card Industry Data Security Standard, the company announced May 9.