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The trend poses challenges for banks, which have long required customers who want fees waived to put in their own effort.

Pinduoduo's controversial IPO was seemingly a world removed from western merchant acquirers, but it's yet another example of how social payments can upend conventional relationships between merchants, shopping and payment processing.

Three credit unions have signed on with the Costa Mesa, Calif.-based fintech aimed at helping consumers pay down credit card debt.

Tailoring company objectives to customers’ changing expectations is no longer a choice. Customer loyalty programs are not just the source of bringing repeated business but also the determinant of the future key players across all industries, writes Donika Kraeva, Communications Manager at Dentacoin Foundation, Netherlands.

Kate Childress will run government affairs, communications and member engagement for the newly formed Bank Policy Institute.

Cobalt Credit Union serves 14 counties across Nebraska and Iowa, but hopes to change to a state charter to help fuel further expansion.

While many financial institutions are leery of sales goals after the Wells Fargo cross-selling scandal, they shouldn’t overcorrect.

Starbucks Corp. is joining forces with Alibaba Group Holding Ltd. to begin delivering its drinks and baked goods in China, rolling out an effort to stave off competitors and turn around sales in the country.

Square Inc. gave an earnings forecast for the current quarter and year that fell short of analysts’ high expectations, a rare miss for the company and a signal its spending on new products and growth are tempering profit.

About $736 million is being spread among more than 5,000 credit unions following NCUA's merger of the share insurance and corporate stabilization funds. Credit Union Journal queried a number of CUs on how they plan to spend that windfall.