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More than 100 staffers at the Allentown, Pa.-based credit union took to the picket lines in a dispute with management over compensation and benefits, forcing the credit union to temporarily close at least two branches.

American Express is entering the arena of wearable payments in offering the Amex Band to cardholders attending the US Open tennis tournament in New York.

Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections.

The U.S. may be next to see a surge of contactless credit cards, following other major markets around the world. But it’s unclear whether enough U.S. consumers are interested in contactless payments for issuers to make the investment.

Texas-based digital gift card platform company Swych has launched a gift card service for instant cross-border gifting to India following its recent acquisition of GiftCardsIndia.

Wyre has entered into a definitive agreement to sell the majority of its retail money transfer business to WorldFirst, giving the seller a chance to focus more on its cryptocurrency strategy.

The board chair for CoastHills Credit Union says a wrongful termination suit by ousted CEO Jeff York is full of "false allegations," and that the credit union acted in the "best interests" of members.

Brim Financial is the only non-bank or credit union to have an issuer licence from Mastercard Canada. Unlike other countries, Canada doesn't require credit card issuers to have bank licenses or bank sponsors.

The division, created after Sunflower hired lenders away from other banks, will focus on asset-based lending to middle-market companies and investors.

Starling Bank, a U.K.-based digital-only bank, is among the latest European banks offering the benefit of its full banking license and its technology to companies that want to offer white-labeled banking products and debit or credit cards but don’t want to invest in a banking license or technology.

The veteran banking attorney, who also worked at the FDIC and OCC, passed away Tuesday following a battle with cancer.

NCUF working with California Credit Union League to distribute disaster relief funds where needed.

Processing.com has 25 acquiring banks lined up as its transaction network, creating a safety net for dealing with high-risk merchants.

Legacy tech vendors have traditionally offered decadelong contracts. But given constant change in the industry, small banks today should push for three-year deals, a bank CEO says.

Both Wisconsin-based credit unions are profitable, but in vastly different asset classes.

The companies had been unable to secure regulatory approval for the deal, which was announced a year ago.

Organizers of Piermont Bank said in their application with the FDIC that they want to raise $100 million and eventually operate in several urban coastal communities.

Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles.

The Georgia Bulldogs football coach appears in a new commercial for Georgia United Credit Union, part of a five-year partnership between UGA athletics and the credit union.

Lending to problematic or serial evictors can cause people to be pushed out of their homes in the name of profits. Banks must adopt standards against this practice.