Fintech

Former VeriFone CEO Douglas Bergeron has partnered with private equity shop GTCR to form Opus Global Holdings, a company that will pursue acquisitions in the financial technology and payments sector.

Italian mobile point of sale company Jusp has launched a mobile chip-and-PIN card reader as a plug-in device, veering from the more common approach of using a separate Bluetooth device.

Three banks in France have launched Paylib, a PayPal-like online payment system — and they're betting that France is just different enough that they can succeed on their home turf with a strategy that has had mixed results in the U.S.

TAMPA, Fla. – Becoming member-centric is critical to a credit union not just surviving but growing.

As Isis forges ahead with its nationwide launch — despite losing the active participation of two of its four issuer partners — it's becoming clearer that mobile may not displace credit cards as easily as it can displace prepaid and cash.

PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history.

ASHWAUBENON, Wis. – Members of Pioneer CU have approved the merger of their $575 million credit union with Kimberly-based Capital CU, creating a $1.2 billion institution to be known as Capital Pioneer CU, with 25 branches in the Green Bay and Appleton areas.

The U.S. payments system must continue its push to overcome the challenges inherent in creating a near real-time retail payment option, says Sandra Pianalto, president and CEO of the Federal Reserve Bank of Cleveland.

London-based electronic payments provider Ixaris will target the Middle East payments market through a partnership with e-commerce software provider 3omlti.

Consumers aren't letting go of their debit cards just yet, but an improving economy is motivating some of them to dust off their credit cards, MasterCard Inc. says.