Fintech

FIS is collaborating with loyalty marketing firm Excentus to extend FIS’s consumer loyalty program to 13,400 U.S. Shell fuel stations.

While credit cards have been around since the 1950s and debit cards introduced years later, they both have become indispensable to the modern consumer. In fact, in certain retail sectors consumers can only use payment cards or mobile payments to make a purchase.

Latin America’s fast-growing e-commerce industry is providing opportunities to provide payments gateways for cross-border transactions originating in countries that don't favor digital or credit card payments.

TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.

The Global Payments Innovation service now moves 55 percent of Swift's cross-border transactions as it nears its second anniversary.

In the last two years, the Georgia-based institution has returned $25 million to members.

Colony will also gain a loan production office in Atlanta when the transaction closes.

The two institutions had to change their names after a law passed in the Hawkeye State that forbid CUs from using a state university in their names.

The bank’s efforts to show its ethical side may be “undone” by Malaysian scandal; airlines co-branded cards helping profits … for now.

Lawrence Weinbach will replace David Nelms, who had already stepped down as CEO. The transition will take place Jan. 1.