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MADISON, Wis. — CUNA Mutual Group and state CU leagues represented by the American Association of Credit Union Leagues have agreed to a three-year $64 million marketing contract expected to go into effect on Jan. 1, 2016.

It's hard to find a more competitive mobile wallet market than India, with 1.3 billion consumers and multiple viable wallet apps, including Freecharge, Paytm, Citrus Payment, Oxigen, Mobikwik, Zaakpay and ItzCash. But this crowd is competing for a consumer base that favors cash for all transactions.

The government agency that proposed a controversial expansion by the U.S. Postal Service into financial services now acknowledges that its big ideas would probably require the passage of new legislation.

Harvard Illinois Bancorp, which has struggled with persistent activist pressure and exposure to a fraud scheme, is preparing to wind down its operations.

Now that two of the biggest U.S. banks are convicted felons, the Justice Department appears to have proven the point it set out to make a year ago — that it could deliver the harshest penalty possible against financial institutions without inflicting fatal wounds. It may be a tough act to follow.

For several years, strong borrower demand and low delinquency rates have delivered welcome profits to credit unions and banks that target the farming industry. But commodity prices are falling — depressing farmers' incomes and forcing many financial institutions to increase their monitoring of credit trends.

Several big banks have hired environmental professionals from far outside the world of banking to make sure banks' clients aren't doing things to threaten water quality, public health or worker safety. The executives' job is to protect their banks' credit books — and reputations.

James Varga, chief executive of miiCard, discusses how today's backward identity-management system requires people to share more information than is really necessary just to prove who they are.

For all the excitement about the blockchain's potential to shake up the financial industry, few people understand how it works. The really revolutionary part of the blockchain process is how miners manage to keep records of transactions accurate and tamper-proof.

New York Community Bancorp Inc. Chief Executive Officer Joseph Ficalora didn't have to pay taxes on $2.84 million in restricted stock he collected last year. His company picked up the tab.