Fintech

As many as 1,000 credit union members around Maine are believed to have had their card accounts compromised and are now reporting unauthorized transactions on their accounts.

Puget Sound Energy is the first payment-accepting biller to join Doxo Inc.’s free online bill-payment website, the Web-service provider announced Feb. 16.

Hypercom Corp.’s stock rose slightly in morning trading Feb. 16 after the payment-terminal maker reported preliminary fourth-quarter net revenue of $140 million, up 19% from a year earlier.

ATM and kiosk manufacturer Itautec S.A. has begun selling its roster of Adattis ATMs, cash dispensers and kiosks to U.S. credit unions and community banks, the Brazilian company announced Feb.16.

BB&T Corp. is launching a prepaid card that costs slightly more per month than some competing products — but lacks many back-end fees that have caught the ire of advocacy groups.

Deborah McWhinney, the head of Citigroup's flagging personal banking and wealth management group, is leaving her post after a tumultuous two-year run in which she attempted to makeover the nation's third-largest bank following the spin-off of its Smith Barney brokerage unit in 2009.

The powerful senator who sponsored last year’s amendment to the Dodd-Frank Reform Act regulating debit card interchange is confident his provision will stand, even as the House begins deliberations aimed at changing the provision, or at least delaying its enactment.

Credit unions now have another reason besides good member service to ensure their ATMs are shipshape — potential $500,000 fines.

JPMorgan Chase & Co.’s mobile check-deposit service stood out to the financial services industry as one of the few to make it to market without technology from Mitek Systems Inc. But now even Chase counts itself among Mitek’s growing list of customers.

MasterCard Worldwide plans to bring payment security to U.S. consumers through passcode-generating display cards, the card brand announced Feb. 14 at the RSA Conference in San Francisco.