Fintech

OnPoint Community Credit Union is using person-to-person payments as the foundation of building consumer comfort with mobile as a channel for money movement.

Mercury Payment Systems LLC plans to upgrade its closed-loop gift card system so that any small to mid-size merchant can offer gift, loyalty and reloadable prepaid options to customers in one card.

AJB Software Design Inc. has helped J. Crew, an American specialty retailer, integrate EMV-chip card acceptance into its stores in Canada. And with the EMV migration deadline approaching in the U.S., the middleware provider expects more business.

Despite regulatory and legal uncertainties that could affect the U.S. EMV chip-card migration, MasterCard Inc. is telling its acquiring banks and merchants that it intends to stick to its October 2015 deadline.

Point of sale hardware and software provider Image Retail Solutions and payment service provider Anderson Zaks have partnered to sell outsourced card payment processing.

Financial services provider UniRush, the company behind the prepaid Visa RushCard, has appointed Rick Savard chairman and CEO.

Card reward programs are well past their Sperry & Hutchinson Green Stamps phase, where people redeem their rewards by picking items from a catalog that stays pretty much the same all the time.

Could wedding rings, caskets and dentures be among the keys to credit union growth this year?

A pair of companies has launched services on Twitter that allow users to transact in Bitcoin across the microblogging site. And while Twitter has been selective of what companies facilitate payments in the past, the social networking giant hasn't yet touched these Bitcoin services.

Acquirers say they're signing up new merchants and retaining established customers with the help of software that bundles payment services.