Fintech

This story has been updated.

MasterCard Worldwide launched a beta version of its developer’s portal early last month, but the card brand has invited only about 1,000 programmers to participate, a MasterCard spokesperson said Feb. 10.

Several credit unions have agreed to offer Bluepoint Solutions’ mobile check-depositing technology to their customers, the vendor announced Feb. 10.

BOSTON – As credit unions pile into new avenues of social media they will want to measure carefully the effects of this growing marketing tool, according to a new study released this week by Aite Group.

Green Dot Corp.’s fourth-quarter revenue surged 31.9% from a year earlier to $91.8 million from $69.6 million as consumers activated more of the prepaid card company’s cards. Net income was $7.94 million, up 15.7% from $6.86 million.

Cardtronics Inc. generated a 371% increase in profits, to $8 million for the fourth quarter from $1.7 million during the same period a year earlier, driven by growing revenue and higher margins, the company announced Feb. 10.

PayPal Inc. is pushing to expand use of mobile-wallet services as it stakes out its turf in the mobile-payments market, executives said Feb. 10 during a presentation at parent eBay Inc.’s analyst and investors day.

Vendors often tout their products in press releases and through other efforts seeking publicity. But sometimes they choose to keep things relatively low key.

Positive fourth-quarter results bode well for Wright Express Corp., whose chief executive tells PaymentsSource the fleet card provider and issuer intends to carry the momentum into the new year.

More community colleges are beginning to adopt campus cards tied to prepaid accounts, as demonstrated by CardSmith LLC’s Feb. 7 announced deal in which it will support Southwestern Oregon Community College’s new card program.