Fintech

The Digital Media Zone at Ryerson University is home to many startups that hope to someday be as successful and famous as Square or LevelUp.

Democratic lawmakers including Senator Elizabeth Warren today demanded that eight U.S. banks produce information about agreements they may have with colleges to encourage students to use their products.

Shoppers in Poland are increasingly likely to buy fresh pierogi in Krakow or a bus ride in Gdansk with a prepaid card.

PayPal's $800 million deal to buy the payments processor Braintree fuels a fast-paced acquisition streak that has granted PayPal some of most disruptive technology — and people — in the payments industry.

The prepaid card provider SpendSmart Payments Co., known for having Justin Bieber as its promoter, is expanding its business to serve the government market.

CHICAGO – The Center for Financial Innovations announced this morning it has awarded the National Federation of Community CUs $530,000 to fund three partnerships between credit unions and nonprofit organizations to integrate credit union products into social services delivery for low-income and underserved consumers.

As Rogers Communications' David Robinson paced a stage in the company's corporate offices, he balanced two seemingly contradictory business decisions: its new role as an issuer of plastic credit cards and its long-term bet on mobile wallets.

WAUSAU, Wis. – NCUA has approved an application from Connexus CU to acquire ICON CU in Boise, Idaho, creating a $665-million interstate credit union.

SANTA ROSA, Calif. – Santa Rosa became the latest city to adopt a deposit-local policy, with the City Council passing a resolution to place $1.25 million of city funds with five Sonoma County financial institutions, three of them credit unions.

MasterCard is working on new mobile payments functions that give shoppers the choice between Near Field Communication chips and QR codes — two mobile payments methods that have competed in the market and are typically treated as mutually exclusive.