Fintech

In a move to get into the approximately $40 billion corporate prepaid market, Blackhawk Network is purchasing InteliSpend Prepaid Solutions.

As Fexco and First Data demonstrated their futuristic ATM concept, they emphasized that the bank is at the heart of the offering. And as Lamassu demonstrated a similar device for bitcoin users, a very different message came across.

OnBudget seeks to build customer retention of daily expense prepaid cards by incorporating personal financial management tools that digitize the "envelope budgeting system" popular among consumers.

Sixty percent of consumers make at least one payment per month with a laptop or desktop computer, according to a survey commissioned by Fiserv.

Visa Europe's Steve Chambers is joining Monitise's board as a non-executive director.

There is a surge of activity in person-to-person payments, with the biggest banks going head-to-head with technology giant Google and other significant rivals.

American Express Co. is working with VeriFone Systems to allow consumers to redeem membership rewards to pay for rides in New York City taxis.

Square's new P2P service, Square Cash, is meant to be so straightforward that you don't need an app to use it — but Square published an app anyway. The Square Cash app joins a growing suite of Square apps for merchants and consumers.

Payment Alliance International and Iberiabank Corp. have agreed to brand ATMs in Rite Aid pharmacies in Greater Memphis.

Western Union has renewed its collaboration with La Banque Postale, the banking subsidiary of La Poste, the postal services operator in France.