Technology

Several credit unions have agreed to offer Bluepoint Solutions’ mobile check-depositing technology to their customers, the vendor announced Feb. 10.

Cardtronics Inc. generated a 371% increase in profits, to $8 million for the fourth quarter from $1.7 million during the same period a year earlier, driven by growing revenue and higher margins, the company announced Feb. 10.

PayPal Inc. is pushing to expand use of mobile-wallet services as it stakes out its turf in the mobile-payments market, executives said Feb. 10 during a presentation at parent eBay Inc.’s analyst and investors day.

U.S. consumers’ average credit score last month dropped two points to 667 from a year earlier, as average credit card debt fell by 9% to $7,200 during the same period, according to data Credit Karma released Feb. 10.

Vendors often tout their products in press releases and through other efforts seeking publicity. But sometimes they choose to keep things relatively low key.

Positive fourth-quarter results bode well for Wright Express Corp., whose chief executive tells PaymentsSource the fleet card provider and issuer intends to carry the momentum into the new year.

WASHINGTON – Lawmakers are expected to press the case of credit unions and community banks asking for the Federal Reserve to ease off proposed price restrictions on debit interchange during a hearing before the House Financial Services Committee next week.

ATMs, long a valuable resource for cardholders wanting ready access to cash, have become a growing target for crooks who like them for similar reasons, according to a researcher from ACI Worldwide.

The bank unit of Cabela's Inc., an outdoors merchandiser, has renewed a credit card processing agreement with the Atlanta payments company First Data Corp.

Visa Inc. is furthering its e-commerce strategy by buying a payment platform for online games.