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The institution also remained well capitalized and its membership rose in the first half of the year.

Annual fees for Platinum cards for consumers and small businesses will increase to $250 from $195, while Reserve cards go up by $100 to $550. Gold cards will rise slightly from $95 to $99.

The use of data-rich messaging through the ISO 20022 standard has been at the core of nearly every Federal Reserve discussion about faster payments, as well as Swift's plans for its member banks.

Mon. Sept. 30 marks the return of one of CU Journal's most popular annual features, and credit unions from around the globe are invited to participate.

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

Millennials hate bureaucracy but big banks aren't agile enough to meet the demand for fast service. That gives credit unions a big opening.

Goldman’s consumer unit, Marcus, has so far lost $1.3 billion; big lenders like JPMorgan Chase and Amex are making loans for small-ticket items like clothes and cosmetics.

The information you need to start your day, from PaymentsSource and around the web. Today: Payments innovation takes off at stadiums; MoneyGram expands in Egypt; Klarna plans a pop-up store; Facebook's Libra makes a pitch to the U.N.

With credit discrimination still legal in many states, the Michigan-based institution aims to help this marginalized group.