Fintech

In the ongoing quest to replace PINs and passwords, Mastercard has introduced a kit enabling consumers to register their own fingerprint on a biometric card at home, bypassing the need to visit a bank.

Boiling Springs Savings Bank said James Nesci, formerly of TD Bank, will manage its operations and create a strategic plan.

The $350 million acquisition is among the biggest bank mergers announced so far this year.

The growth and popularity of debit payments has been driving monumental change in the U.S. and Domestic Debit Networks have been at the forefront of this wave of innovation, adapting their products and services to meet these changing market needs, writes Paul Tomasofsky, executive director of the Debit Network Alliance.

Given the scant use of cryptocurrencies for payments relative to their use for investment, some companies are rooting for the kind of government oversight and monetary policy that used to be considered an assault on the alternative currency movement.

New facilities, branch expansions, donations to benefit kids and other ways credit unions are working to make their communities a better place.

Younger adults who regularly use mobile payments are more likely to take financial risks and rack up fees, according to a new financial literacy study by the George Washington University School of Business.

For one California bank, the biggest challenge was finding equity investors to participate in deals.

The Society for Worldwide Interbank Financial Telecommunication has its sights set on expanding real-time payments in the Asia-Pacific region as part of its plan to further its first value-add service created from the Global Payments Innovation initiative.

The rise of digital options is evolving payments from infrequent large transactions to a constantly flow of smaller payments, and companies that don't adjust risk being left behind, according to Luis Valdich, managing director of venture investing at Citi Ventures.