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A fine line between innovation and regulation for fintech industry

One reason why Uber can tout itself as one of the most successful companies this decade is its ability to push the boundaries when it comes to the regulations that govern the industry it operates [...]

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Real-time payments gets a boost in the U.S.

A group of U.S. banks have announced their intention to reboot their digital payments network, clearXchange, and combine it with Early Warning, a bank-owned fraud prevention and risk management [...]

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Surprise: Cardholders prefer mag stripe to EMV

Ingenico Group, a provider of seamless payment solutions, has released results from a survey examining EMV chip card use by more than 1,000 U.S. consumers. According to a company press release, [...]

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EFTA Industry Leadership Award – The Honorable Blaine Luetkemeyer (R-MO)

On Sept. 10, EFTA honored Congressman Blaine Luetkemeyer (R-Mo.), with their first-annual Industry Leadership Award. EFTA President and CEO Kurt Helwig noted Congressman Luetkemeyer as the only [...]

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FINANCIAL SERVICES WEEK AHEAD OCT. 26 TO OCT. 30

US House of Representatives   House Financial Services Committee:   Scheduled Markup on 10/27 & 10/28 postponed till Nov 3rd due to HFSC floor activity     House Floor [...]

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SumUp makes US debut with EMV compatible mPOS

When Apple launched its long-awaited mobile wallet last October, some European-based payments companies took the announcement as a sure sign Near Field Communication would become the dominant [...]

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MCX makes it easier to link checking accounts to CurrentC

The Merchant Customer Exchange announced Oct. 16 it will add Buy It Mobility Networks Inc.’s guaranteed, ACH payment tender to the CurrentC mobile payment system, according to a press [...]

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Global ATM count forecast to reach 4M within 5 years

The worldwide ATM installed base grew 7 percent in 2014 to reach three million units. This, just five years after the passing the two million mark, and with the expectation of reaching four [...]

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FINANCIAL SERVICES WEEK AHEAD OCT. 19 TO OCT. 23

US House of Representatives:     House Financial Services Committee:   Hearing entitled “Examining Legislative Proposals to Reduce Regulatory Burdens on Main Street Job Creators”  [...]

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Apple Pay coming to Starbucks’ registers in 2016

Starbucks afficianados soon will be able to use Apple Pay to purchase a venti soy caramel latte, but it remains to be seen whether that fancy drink will count towards their rewards stash. [...]

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