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Clinton Township, Mich. -- Central Macomb Community Credit Union, Clinton Township, Mich., will change its name to FreeStar Financial Credit Union, effective April 4, in order to “better align” with its new field of membership (FOM), which now encompasses ten counties in Southeast Michigan and all military members throughout the state of Michigan.

Verifone is hoping to beat the payments disruptors at their own game, introducing a mobile point of sale terminal for quick-service businesses, small retail shops and cafés that integrates payments with other consumer services.

The Consumer Financial Protection Bureau has amassed more than $300 million in its consumer relief fund, nearly double the amount from a year earlier - sparking questions about why the fund is so large.

When negativity threatens to stall progress, some surprisingly simple “little tricks” can help resolve conflict and get employees more engaged, says Michelle Stacy, who spoke at a recent Pennsylvania Bankers Association conference.

Pew Charitable Trusts argues that the Consumer Financial Protection Bureau needs to impose new rules on checking account overdraft policies. Does an analysis of CFPB's complaint database support this conclusion? Haberfeld's Achim Griesel says no.

BofI Holding in San Diego has bought an equipment finance business from PacWest Bancorp in Beverly Hills, Calif.

Panama Papers; Tour de Kashkari; Citi Active Overseas

When Starbucks’ new loyalty program rules go into effect this month, it will set the stage for a wave of new payments innovations with intriguing benefits for the coffee giant and its payments processing partner, JPMorgan Chase.

In order for mobile payments to be successful, there has to be a sustained effort to communicate the worth and educate both the consumer and the merchant.

San Francisco has an Office of Financial Empowerment that oversees all sorts of programs designed to help residents handle their money better and recruits banks and credit unions to participate. As other cities adopt a similar approach, more financial institutions have an opportunity to get involved.