Cards

Fiserv will buy the business, once known as Elan ATM and Debit Processing, for $690 million.

Visa, Mountain America Credit Union and Fingerprints AB were thrilled with their biometric card test, but also faced the grim realization that real world infrastructure may not be as accommodating.

Just as Green Dot leveraged partnerships with the likes of Uber and Apple to expand its reach, Netspend also is looking to its retail partners including Kroger, CVS and Kohl’s for new digital payment use cases.

It's a testament to Piepszak's ability to get things done that the bank picked her last year to run one of its most consequential business lines.

Regional banks are in a much better position to offer a more flexible customer-centric proposition and better service to mid-market corporate and small business players than national issuers, according to Henry Pooley, chief commercial officer at Fraedom.

The payments, which total more than $10 million, stem from a 2017 settlement with the Federal Trade Commission. The agency charged that NetSpend deceived consumers by advertising that they could get immediate access to their funds.

Uber’s corporate existence has jumped from one PR crisis to another, but the company has always been lauded for how seamlessly it handles payments. Until now.

SynapseFI is engineering banking to work as digital parts that connect so easily an amateur developer could potentially build a functioning bank.

Each major disaster is a real-world testing ground for payments technology, but it can also be a stark reminder of the limits of these advancements.

Highlights and insights from the Cornerstone Credit Union League's annual leadership conference in San Antonio.