Fintech

As Starbucks has proven for years, few retail interactions are more tailor-made for mobile payment than coffee sales. But when U.K.-based grocery chain Marks & Spencer launched its own coffee loyalty app in a 58-store trial in London, it chose to keep its menu much simpler.

Green Dot Corp. plans to start offering credit lines to its customers, a move that likely foreshadows how new regulations will reshape the prepaid card industry.

The move likely foreshadows the market impact of proposed regulations requiring prepaid card issuers to assess consumers' ability to repay before extending credit.

MyECheck has reached an agreement to buy the electronic payment software platform developer Seergate.

Two credit unions are charging into this year's Super Bowl ad-buying spree.

Green Dot reported a net loss in the fourth quarter as it spent money to diversify beyond its flagship prepaid card business.

The ATM and bank technology provider Diebold has named two executives to lead its international finance and data security offices.

JOHNSON CITY, Tenn. — Johnson City FCU here has a new name, reflecting its expansion from serving members in just one county in Tennessee to seven counties throughout the Northeast Tennessee and Southwest Virginia region.

Banks partnering with prepaid card providers face the potential of higher deposit insurance fees and other ramifications from the Federal Deposit Insurance Corp. classifying accounts as "brokered."

MasterCard's Antonio Corro is building a new payments system in Myanmar, a country that's springing to economic life after decades of military turmoil and political unrest.