Fintech

Standard Chartered Bank India Pvt. Ltd. has launched a debit card designed for small and midsize business owners in India, the bank announced March 28.

Standard Chartered Bank India Pvt. Ltd. has launched a debit card designed for small and midsize business owners in India, the bank announced March 28.

WASHINGTON — Rep. Barney Frank, the top Democrat on the House Financial Services Committee, denied Thursday that he and Chairman Spencer Bachus were at work on a corrections bill to the Dodd-Frank Act enacted last year, saying only two parts of the law need to be addressed: executive compensation disclosure requirements and debit interchange fee restrictions.

Regulatory pressures represent the top challenge facing the prepaid industry, followed by market awareness and concerns expressed about fees from consumer advocacy groups and the media, a new report suggests.

More than 3,300 financial institutions are using Fiserv Inc.’s remote deposit capture services, the technology vendor announced April 6.

The Network Branded Prepaid Card Association is following the lead of other payments-industry bodies such as NACHA by hosting a planned annual conference dedicated to players in its sector with a focus on government regulations, the organization announced April 7.

Potential client losses are the biggest risk Epsilon faces from a data breach that exposed customers’ e-mail addresses, the marketing firm’s parent said April 6.

Online merchants in India increasingly are turning to cash on delivery as a payment method to cater to growing numbers of shoppers who prefer not to use credit cards.

WASHINGTON — In the battle over the potential negative effects for community banks from the Dodd-Frank Act, it all comes down to the Durbin amendment.

Prepaid account provider OneCard Co. has signed a strategic partnership with e-Net, a spokesperson for Kuwait-based online-payments provider tells PaymentsSource.