Fintech

Prepaid Financial Services, a provider of e-money and banking solutions, is rolling out a government-sponsored prepaid card program for refugees and asylum seekers in Europe.

Steve Streit, who founded the prepaid card pioneer in 1999, is taking fire from an investment firm that owns 6.2% of the company.

Consumers may not care much about mobile payments, but many of them care a lot about mobile loyalty.

Vending machines were among the first categories to accept contactless mobile payments, but they still rely heavily on cash for impulse snack purchases — at least for now.

Banks are looking to beef up ease and convenience in P-to-P payments to avoid being reduced solely to back-end payments processors for fintech startups.

Visa has nabbed an executive from the media company Time Inc. to be its chief marketing and communications officer.

There have been many reports of bitcoin's demise, but the fate of one currency doesn't eliminate the many use cases that virtual currency could still address in payments, according to Evan Duffield, a Phoenix-based developer and founder of the virtual currency Dash.

The Secured It Card requires a security deposit but also offers cash-back rewards and other perks normally associated with Discover's traditional cards.

LAS VEGAS – Clark County Credit Union on Friday said it had a “great year” in 2015, which allowed it to pay its members a bonus dividend of more than $3 million.

The card issuer, buoyed by employment gains and its partnership with the megaretailer Amazon, is bullish on its growth prospects for 2016.