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Bank of America’s customers spent $1.9 trillion this year through Aug. 12, an increase of 5.9% from a year earlier — a sign that the economy, driven by the consumer, remains strong, Brian Moynihan said.

North Side Community FCU served the underbanked before it joined Great Lakes earlier this month.

Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.

Apple is far from the first to apply a high-tech spin to the ordinary payment card. Several other companies before it have experimented with technology and materials in the hopes of providing a unique form of payment.

Credit unions have contributed to a number of causes, including supporting an animal rescue group and sponsoring a STEM center for the Girl Scouts.

The company will pay $113 million for a commercial lender based in its backyard.

Agencies like Fincen and Finra that use machine learning must pay close attention to potential bias in supervisory algorithms, especially with data on women and minorities.

Employees saw the bank’s cybersecurity unit's shortcomings; the state seeking records related to hidden profits from the family's opioid business.

The information you need to start your day, from PaymentsSource and around the Web. Today: Contactless payments jump in New York subways; Coinbase switches banks; Dovu's green crypto; Ant's impact on the fintech investment market;

Credit unions have until midnight tonight to submit nominations for this free recognition program.