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Digital Insight, EyeVerify to Offer Eye Vein-Based Security for Mobile Apps
When it comes to mobile banking technology firm Digital Insight's new replacement for passwords, the "eyes" have it.
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American Express Co., the lender that lost one of its biggest retailer partnerships and suffered a defeat in an antitrust lawsuit this month, is raising interest rates on a swath of credit cards for the first time in more than five years. more »
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BBVA Compass is planning to issue a new credit card in partnership with American Express and the National Basketball Association. more »
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"Amex is nothing if not resourceful," said Kenneth Chenault, chairman and CEO of American Express.
American Express will certainly suffer when its 16-year cobranding deal with Costco ends in 2016, but its executives will spend the next year building up the card brand's digital payment products to create enough opportunities to ease the company's short-term pain and guarantee its long-term health. more »
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American Express Co., the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale Corp. in U.S. stores will end next year. more »
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PayItSimple USA Inc., which enables installment payments for merchants and consumers, has integrated with online payment processor Stripe. more »
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National Recovery Solutions, a Lockport, N.Y.-based accounts receivable company, has increased online payments by 25% and reduced delinquencies by 40% in less than a year by adding a Virtual Negotiator to its debt collection team. more »
A frame from Discover's Super Bowl ad, which prominently features a customer's smartphone without hinting at the company's plans for Apple Pay.
Discover, the only major U.S. card brand not connected to Apple Pay, is thus one of the few major credit card issuers not shoehorning Apple into its ads. But Discover has never been one to ignore a marketing opportunity. more »
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A federal judge has upheld a Texas law that bars the state's retailers from charging an additional fee to customers who pay with a credit card. more »
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The Consumer Financial Protection Bureau is seeking to permanently ban a credit provider in Texas from offering any services because of allegations that it ran a "sham credit card" business. more »
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Payment technology provider Adyen is establishing Bitcoin as a payment option for consumers playing online games from U.K.-based Jagex. more »
“FICO scores are not what they used to be. In our demographic, they were never good to begin with,” says Green Dot CEO Steve Streit.
Green Dot Corp. plans to start offering credit lines to its customers, a move that likely foreshadows how new regulations will reshape the prepaid card industry. more »
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Visa Inc., the world's largest payments network, posted fiscal first-quarter profit that beat analysts' estimates as card spending increased. more »
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