Fintech

Don't get distracted by the big-name telecoms that designed the Isis mobile wallet, or you'll miss the wizard behind the curtain: American Express, which stands to see a jolt in adoption of its Serve account if Isis succeeds.

With some powerful marketing, Coin, a dynamic card provider, has captured consumer attention with its magnetic-stripe card that can digitally store accounts from multiple credit and debit cards.

Government payment processor General Payment Systems has signed an agreement with Riverside Superior Court in California to support alternative payments.

Payments processor Cardis USA and mobile commerce vendor Spindle are joining with vending machine manufacturer Multi-max to enable mobile payments at its machines, where most consumers still buy coffee with cash.

MasterCard, echoing remarks made 16 hours earlier by Visa, is placing security at the heart of its emerging payments strategy.

Gyft, a mobile gift card provider, has launched a loyalty system that gives different levels of rewards based on the funding method, favoring alternatives over credit cards.

Quatrro, a business processing company based in India, is launching payment processing services for credit unions, community banks and other payment companies in the U.S.

If checks, a payment method that’s hundreds of years old, can be updated for the Internet age, why can’t America’s four-decade-old electronic payments system? It’s not for lack of trying.

Blackhawk Network has completed its purchase of InteliSpend Prepaid Solutions, which will operate as a business unit of Blackhawk, a distributor of gift cards and prepaid telecom products.

WorldPay has entered a five-year partnership to support payment processing for Direct Card Solutions, which specializes in serving the entertainment industry.