Fintech

Mexican soccer team Club America and Miami-based Denarii Systems LLC, a payment program provider that caters to unbanked consumers, have launched a prepaid MasterCard designed for Hispanics in the United States, the companies announced Jan. 4.

Qatar Airways Ltd. and DataFlight Europe AS are collaborating to enable authorized bankcard acceptance onboard flights for duty-free purchases, the Doha-based airline announced last month.

Fifth Third Processing Solutions LLC will supply funds-transfer and other services to First Cheyenne Federal Credit Union through an agreement the Cincinnati-based processor announced Jan. 6.

Jamaica police reportedly have arrested four men allegedly involved in a credit and debit card fraud ring.

PayPal Inc. weathered last month's Internet attacks better than most of its rivals, but it still has been more outspoken than anyone else about its need for improvement.

Person-to-person payments systems are maturing into a business tool.

After another year in which legislators and regulators rewrote the rules of the game in the payments industry, equity markets have rendered provisional judgments on which companies face the worst handicaps.

The past year saw debit card issuers introduce rewards programs to the marketplace and card networks extend their brands with direct-to-consumer offers such as MasterCard Marketplace and Visa Extras. But the debit-rewards landscape likely will change drastically under the Federal Reserve Board’s proposed new debit card interchange rules, a new report suggests.

Visa Inc. says it has made upgrades to its Advanced Authorization antifraud system.

Fifth Third Bancorp later this year plans to launch CashEdge Inc.’s Popmoney electronic-payment service, which enables consumers to transfer funds to another person’s bank account through the automated clearinghouse system, the companies announced Jan. 5.