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Payments technology is advancing at such a rapid pace, the most valuable asset for those in merchant acquiring is expertise.

U.S. Bank has purchased BMW’s cobranded Visa credit card portfolio and will issue a new version of the card under the Mastercard brand early next year.

From sponsoring math tournaments to programs that help prevent identity theft, these credit unions are striving to make a difference well beyond the financial services arena.

A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.

The Democratic presidential candidate argued in a blog post that the U.S. could avoid a recession by canceling most student debt and authorizing regulators to more aggressively monitor leveraged lending.

Marc Schaefer, who has led the credit union since 1995, has announced plans to retire. President Todd Hall will take the helm on Jan. 1, 2020.

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

Lawmakers will hear from a credit union executive on cannabis banking while also considering issues such as the use of alternative data in underwriting.

On Mar. 31, 2019. Dollars in thousands.

The New York-based institution will double the number of counties it can serve as part of the effort to grow.