Fintech

CO-OP Financial Services has entered into an agreement with Visa to make the Visa EMV common debit solution available to its credit union clients.

The conventional wisdom has always been: prepaid card customers will pay a fee for mobile check deposit, but bank customers won't. A year ago, Regions Bank decided to charge a fee to both audiences and has monitored the results.

Facebook is reportedly close to obtaining a license to operate as an electronic money institution in Ireland, a move that builds on the company's years of experience handling payments on its home turf.

Wave Crest Group Ltd. will be the prepaid program manager for Advanced Cash's new MasterCard program.

VERNON HILLS, Ill. — When it comes to social media in the credit union community, the spotlight quickly turns to Facebook, Twitter and Instagram, often ignoring LinkedIn.

Visa has created a new top post overseeing risk and public policy and named its next general counsel.

Payment processor Heartland Payment Systems has acquired MCS Software.

Merchants are eager to sell prepaid cards to increase revenue, and they'll be looking to expand their offerings through partnerships with prepaid providers and networks, according to a new report from Aite Group.

WASHINGTON — Regulators slammed Bank of America on Wednesday with their toughest enforcement action to date on shady marketing and billing practices for add-on products like identity protection, forcing it to pay $772 million in restitution and fines.

Prepaid program managers face a much different set of considerations than banks do when deciding how to deploy EMV-chip cards in the U.S.