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The $1.2 billion-asset credit union was recently approved for conversion to a federal trade, industry and professional charter, making it the first firefighters’ credit union in the nation chartered specifically for business lending.
May 8
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On Dec. 31, 2016. Dollars in thousands.
May 8 -
The Bokis wallet's new app is scheduled for broad release this summer. It's a rare success for collaborative wallets, as others have failed, such as the U.S.'s Softcard and CurrentC, the U.K.’s Weve, Canada’s suretap and Singapore’s SmartWallet.
May 8
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As China's only gambling center, the island has become a crime risk, pressuring greater security for card transactions.
May 8
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Using mobile apps to control payment cards has become a popular security option among issuers.
May 8
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The investors suing PayPal, who seek class-action status, say the company served as the payment processor for about $134 million in investments in Traffic Monsoon. They’re seeking at least $5 million in damages.
May 8
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Charles Munger, the vice chairman at Warren Buffett's Berkshire Hathaway, said the leaders of his political party risk going too far in their efforts to reduce oversight of banks.
May 8
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Wells is expected to announce $3 billion more in additional spending reductions; B of A pays half the interest of other banks, but still rakes in deposits.
May 8
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Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Walmart's 'Dash' tech; A major hack in Germany; Fintechs opposed Euro screen scraping ban; Singapore payments technology investor eyes Europe.
May 8
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Automating transit systems is hard because of the local differences in automation and legacy infrastructure. Creating comfort with using mobile technology may be a step toward bringing automation to transport.
May 8
