Fintech

MasterCard is placing more emphasis on things like airline boarding, wearable computing and many other things the card network contends can be used to win a consumer's business long before the payment is made.

Card marketing and technology company Dynamics launched a new game-based rewards system that card issuers can use with traditional plastic cards, with Key Bank among the first issuers to offer the program to consumers.

The Societe de transport de Montreal (STM) is testing a loyalty program that ties user preferences and special offers to transit payment cards, a move that's also designed to shift rider volume from peak times.

Many mobile commerce systems are built on the premise that we need something simpler than typing a complex password on a small screen. With the iPhone 5S, Apple unveiled its own solution: a fingerprint scanner.

The digital payments initiative clearXchange is run by three banks that make up more than 50% of the online banking market in the U.S., but it still has a lot of work cut out for it.

SavedPlus has launched a platform that encourages consumers to save a small amount of money every time they make a payment.

A Web-based platform for businesses and individuals to send and receive electronic checks is being pitched as an alternative to typical online bank account transfers.

The EMV Migration Forum has released a white paper detailing current testing requirements for acquirers, acquirer processors and direct-connect merchants as companies migrate to EMV-chip cards.

Visa, Goldman Sachs and Nike will replace Bank of America, Alcoa and Hewlett-Packard the Dow Jones Industrial Average next week in a shakeup of the blue-chip stock index.

The bank-run payments venture clearXchange has named Wells Fargo's Michael Kennedy as the company's chief executive officer.