Fintech

MoneyGram International has hired Aaron Henry as associate general counsel, global regulatory and chief privacy officer and senior vice president, the company announced March 21.

Allied First Bancorp Inc. of Oswego, Ill., is using technology from VSoft Corp. for remote deposit capture services, the companies announced March 21.

SYRACUSE, N.Y. – Summit FCU is the lead sponsor for the Syracuse University Football Team’s first “Orange on the Road” spring practice and scrimmage later this month.

GREENWOOD VILLAGE, Colo. – Bellco CU, a $2 billion credit union chartered to serve the local telephone company, has applied to state regulators to expand to serve all 610,000 residents of Denver County.

In offering to market third-party software to its customers, Fifth Third Processing Solutions LLC is going beyond what many payment companies do when they open their platform to developers.

The banking lobby is pushing to delay caps on debit interchange fees, but JPMorgan Chase & Co. is sending the message that it has already accepted defeat.

Consumers ages 30 to 50 increasingly are using reloadable prepaid debit cards, and the trend might be enough evidence for banks to offer such products to recoup anticipated reductions in revenue from new, reduced debit card interchange rates, new research suggests.

Qiwi Ltd., Russia’s largest payment-service operator, is denying last week’s reports in local media that hackers easily could access its payment terminals to steal money from customer accounts.

Vivotech Inc. has launched a new software suite called Vivonfc to manage payment systems that use Near Field Communication chips, the company announced March 21.

PSCU Financial Services announced this afternoon the hiring of Michael Kelly, an executive with Fiserv’s payments network, as its president and CEO.