Fintech

The National Payments Corp. of India plans to link Rupay, India’s soon-to-be-launched domestic payment card scheme, with the country’s Aadhaar resident-identification program.

The Republic of Botswana’s First National Bank has launched a mobile wallet for its customers in the African country, a spokesperson for the bank tells PaymentsSource.

To get a better read of their customers, JPMorgan Chase and Visa have become the initial sponsors of Amazon.com's new advertiser-supported Kindle e-book device.

WASHINGTON — As Congress continues to struggle over whether to delay a pending Federal Reserve Board plan to cap interchange fees for debit cards, a key question remains unresolved: How far is the central bank prepared to go on its own to modify the rule?

As the average credit card charge-off rate has declined sharply over the past six months, so has demand for collection agencies’ services.

Bancorp Bank is issuing prepaid cards to policyholders of insurer Ace Ltd. affected by natural disasters, the subsidiary of Wilmington, Del.-based holding company Bancorp Inc. announced April 19.

Sears Holding Corp.’s Kmart department stores have begun offering an improved version of Western Union Co.’s walk-in bill payment service.

Merchant processor WorldPay is reselling mobile-payments technology from vendor CellPoint Mobile that will allow clients’ customers to conduct transactions in several ways.

Finnish handset maker Nokia Corp. is working with Near Field Communication technology developer Proxama Ltd. to develop loyalty and advertising applications, the companies announced April 19.

Datacard Group has launched its SuperCAT II card encoder, which enables bank customers to select or change a card’s PIN at a branch, the company announced April 18.