Fintech

General-purpose reloadable prepaid cards have turned a corner, moving from being a product for low-income or unbanked individuals to being an important tool for younger, high-income consumers.

The White House is slated to unveil a major package of initiatives on Friday to increase data security for financial transactions, including an executive order to add chip-and-PIN technology to government-issued credit and debit cards.

American Express Co. is pulling new levers to build its business with small merchants and drive mobile wallet adoption, emphasizing its work with Apple Pay.

American Express Co. said third-quarter profit rose 8.1 percent, beating analysts' estimates, as customer spending increased.

Diebold has released a new series of ATMs that include security protections.

Visa Europe is working with edo, a Chicago and Nashville-based card-linked marketing firm, to launch a pilot of edo's technology in the U.K. this year and eventually expand to other European countries.

American Express Co. customers whose reward points are too meager for flights, ballet tickets or even a yoga mat are getting a new list of options: a McDonald's menu.

Sears' Kmart discount chain, the latest victim of hacker attacks on retailers, said it detected a security breach this week and is investigating the incident with law enforcement officials.

Mobile wallets, at their most basic, enable consumers to manage their accounts and/or make purchases without cash or cards. On top of that foundation, many companies have come up with inventive features to set their apps apart.

Because the next generation of credit union employees and members isn't going to cultivate itself, some CUs have created internship programs to recruit new blood.