Fintech

MasterCard is tightening the screws around the use of prepaid cards as a way to pay employees. Some issuers will find its demands are straightforward and achievable; others may consider discontinuing the product.

Online bill pay technology developed with small business users in mind is lacking. But new offerings could provide companies with greater functionality, while also helping financial institutions reduce risk and build stronger customer relationships.

Prepaid payment network Blackhawk is offering a selection of electronic gift codes at Coinstar's coin-counting kiosks.

VoiP provider Rebtel has debuted Sendly, an app that allows users to send money to prepaid mobile subscribers in more than 50 countries.

LAS VEGAS -- An eye-catching, and somewhat controversial, campaign to promote its suite of checking products did not bring home the bacon for $692 million One Nevada Credit Union, as new account openings were flat during the promo period.

MasterCard Inc. said its board of directors approved an 83 percent dividend increase and a 10-for-1 stock split.

ATM owners and operators will watch closely and provide support from the sidelines as the new Debit Network Alliance seeks to resolve the industry's nagging EMV debit routing issue at the retail point of sale.

LENEXA, Kan. — The Special Needs Planning Center at CommunityAmerica CU here is ready to run at full steam in 2014, having spent much of 2013 establishing the partnership and transitioning the group's existing client base over to the credit union.

MasterCard released new standards that require companies that use payroll cards to provide educational resources, increased fee transparency and allow free access account information.

The Debit Network Alliance, formed this week through the collaborative effort of ten PIN debit networks, is seeking the membership and cooperation of other industry players, including the major card brands.