Fintech

The new year got off to a mixed start for virtual currency, with regulators in Asia clamping down on Bitcoin and gaming company Zynga embracing the emerging payments option.

The Target Corp. data breach just before the holiday shopping season triggered another round of rhetoric on the merits and shortcomings of chip-based cards. But the breach's direct effect on merchant EMV plans is largely up in the air.

Consumers demand far more flexibility from their card reward programs — and some banks are getting creative about delivering it.

Union First Market Bankshares has made an equity investment in The Payments Company, which offers a software-based business payments service.

Canadian debit and credit card processor Moneris will use countertop devices from VeriFone that are designed to accept and secure a variety of electronic payments.

Alabama State Employees Credit Union has filed the first class action by a financial services company against Target Corp. over costs from the massive card security data breach.

DES MOINES, Iowa - Shrinking refi business, falling debit swipe fees and banks ramping up card marketing have credit unions increasing their emphasis on their cards' portfolio.

LAS VEGAS - The outlook for credit unions in 2014 is generally positive, according to industry insiders and analysts.

Starbucks has begun offering gift cards at certain locations in Mainland China, with designs meant to evoke the Lunar New Year.

While most gift cards are still made of plastic, digital cards are increasing in popularity among consumers because of the many options to customize the cards.