Merchant

The payments processing and technology giant should add more merchant services and marketing to its Star network to overcome competitive and regulatory pressure, writes Eric Grover, a principal at Intrepid Ventures.

Walmart adjusted two of its long-standing, in-house offerings this week, saying it was lowering the rates for its domestic Walmart2Walmart money transfer service and adding a digital money transfer service with Bluebird2Walmart.

With The Clearing House still targeting November for the launch of its Real-Time Payments service, it relies on a wide range of partnerships to introduce this offering to the banks that would use it.

The North American subsidiary of Germany’s Wirecard AG is providing the technology behind a prepaid Visa card that distributes cash rewards to blood donors.

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

In the past, card issuers could lure new customers by offering a low promotional rate. But regulations in the wake of the financial crisis don't allow rate adjustments, and issuers also can't increase credit lines as they did in the past.

The Cincinnati company’s 1Q profits were hurt as it scaled back in key consumer and commercial credits, paid higher severance and saw fee income fall.

We asked microfinance organizations around the country about the challenges they face, what they wish banks would do differently, and even what they are reading. Here are some of their responses.

Amazon is using its substantial scale to rapidly diversify beyond its e-commerce core, with its latest move being a self-service subscription hub.

D+H Corp. has opened its technology to U.S. banks for testing on The Clearing House’s real-time clearing and settlement network in the next phase of development of faster payments.