Fintech

WorldPay UK Ltd., formerly RBS WorldPay, has extended its payment-processing agreement with McDonald’s UK, which operates 1,200 restaurants in the United Kingdom, WorldPay announced on March 24. Terms were not disclosed.

Acculynk Inc.’s PaySecure online PIN-debit payment system is now compatible with banks and credit unions on Shazam’s electronic funds transfer network, the company announced March 29.

Bank Freedom, a marketer of prepaid debit cards, has signed a new issuer that eventually will replace its existing issuer MetaBank. MetaBank notified the Newport Beach, Calif, company, a subsidiary of Prepaid Card Holdings Inc., last week that it would not be renewing its existing contract after it expires in November, Bruce Berman, Bank Freedom's chief executive, said Monday.

Inetco Systems Ltd. has released Insight 4.7, which the company designed to enable users to integrate detailed transaction information within their ATM-monitoring service for a fuller view into the performance of their entire ATM network infrastructures, the provider of transaction-monitoring services announced March 29.

Tap Group subsidiary Tap e-Payment Services (HK) Ltd. will provide electronic funds transfer processing integration services to A.S. Watson stores in Hong Kong and China under a service agreement reached with Sino Payments Inc., the companies announced March 28. Tap Group is a venture partner of Sino Payments.

The Smurfs may have an important security lesson for banks and credit card networks getting into mobile payments.

DOVER, Del. – Del-One FCU is asking its youngest members to sing it out: why “Money Rocks At My Credit Union,” as part of next month’s National Credit Union Youth Week.

RICHMOND, Va. – A dozen real-life members of Virginia CU sing and dance to demonstrate their love for their credit union in a Glee-like, 30-second TV spot debuting this week.

Lawmakers’ efforts to pass a “stop-and-study” law that would delay implementation of the Durbin amendment are gaining ground, a growing number of analysts say.

Kotak Mahindra Bank Ltd. has joined the interbank funds-transfer service National Payments Corp. of India launched last fall. The Mumbai-based bank launched the service on March 24 for the bank’s customers across the country, an official at the institution tells PaymentsSource.