Cards

Green Dot reported net income of $2 million in the third quarter as the prepaid card issuer sought to overcome the revenue it lost by discontinuing one of its most popular products.

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

The card networks earlier this year introduced faster versions of EMV payments to ease checkout times. They've since had a hard time winning merchant adoption.

The clocks turn back this weekend, giving most Americans an extra hour to cash in on sleep. But new research finds they tend to spend less money with fewer hours of daily sunlight.

Visa closed its acquisition of Visa Europe in late June, ending a year of negotiations and years of speculation in the payments industry.

While much of the focus on chip cards is rightly placed on security, there's also a relationship building factor as consumers become aware of the benefits.

Prepaid cards and new mobile innovation in prepaid can bring speed and improve user experience for many different payment types and other financial services.

One of the nation's biggest prepaid card companies said that it expects to lose 10% to 12% of its current revenue as a result of new federal rules governing the industry.

In his last earnings call as Visa's CEO, Charles Scharf spoke about the card brand's outlook for new technology and China.

Visa and Mastercard are teaming up with wallet providers and technology companies to accelerate payments innovation.

Outgoing CEO Charles Scharf said the acquisition of Visa Europe is starting to pay off.

The compensation package will put incoming Visa CEO Alfred F. Kelly's income on par with Ajay Banga, Mastercard's CEO.

The card network will test a new business-to-business payment service powered by the tech beyind bitcoin.

While card issuers took a step in the right direction by replacing the fraud-prone magnetic stripe cards of the past, they made many missteps that complicated and weakened the EMV transition.

JetPay has received a fresh round of funding from payments industry veteran Larry Stone, who is joining the company’s board.

Many startups have taken shots at traditional banking, but few have succeeded. However, there is plenty of promise in this model, according to investor Tim Young.

Businesses and consumers using Ingo Money will be able to pay credit card bills through U.S. MoneyGram locations.

ATM operators have been down this road before, dealing with Mastercard's rules on EMV transactions occurring with the international Maestro debit cards as far back as 2013. But awareness and experience doesn't automatically translate to preparation.

As more merchants worry about EMV card slowdowns ahead of the holiday shopping season—when bottlenecks at checkout points could lead to many lost sales—more companies are coming up with their own ways to slash EMV payment times.