Fintech

Google Wallet users who request the accompanying plastic card can activate that card through the wallet's mobile app, a process that will become increasingly common as mobile payments advance, experts say.

The payments industry is full of big ideas that haven't always found the right audience. As we enter 2014, a few trends are bringing new relevance to some older technologies.

Target Corp. said data related to shoppers' personal identification numbers was stolen during the recent breach of its debit and credit card system and that it's "confident" customers' accounts haven't been compromised because the information was encrypted.

Target Corp. faces almost two dozen lawsuits filed by customers after a computer security breach exposed data on 40 million debit and credit cards.

Debit spending increased 12% on the shopping days following Thanksgiving, according to payments processor The Members Group.

American Express has been ordered by federal regulators to pay nearly $76 million to settle allegations that it used to deceptive marketing and unfair billing practices to sell credit card add-on products to its customers.

DJIBIUTI, Africa -- Navy FCU has opened a new branch in Djibouti, Africa, to serve more than 4,000 military personnel stationed at Camp Lemonnier here.

A week ago Sunday at about 10:00 a.m., Jim Wells was on his way from church to a grandson's birthday party, when he popped into Target to pick up a gift. By the time he returned home from the party at about 3:30, there was a voicemail message on his machine from Citibank's fraud control department asking him to call because they thought there might have been fraud on his account.

JPMorgan Chase & Co. increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. during the retailer's data breach.

Decoupled debit cards, which draw funds from an account at a separate issuer, are typically framed as a low-cost alternative to bank cards. But in the wake of the massive Target Corp. data breach, security may have suddenly become the product's biggest selling point.