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The credit union's deal for American Founders Bank would be the third credit union acquisition of a bank this year.
March 13 -
Roxana Willis was CEO of Battle Creek, Mich.-based School Employees Credit Union from 1991 to 2007. Today the credit union is known as BlueOx CU.
March 13 -
On-demand transportation and mobile payments provider Grab has launched Grab Financial, which will serve as its fintech platform.
March 13 -
China’s Ant Financial, which already has a large stake in India’s Paytm and operates its own Alipay wallet in China, is taking a 45% stake in Pakistan’s Telenor Microfinance Bank (TMB).
March 13 -
Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk.
March 13 -
The National Credit Union Administration has approved a field of membership expansion for the Myrtle Beach-based credit union.
March 13 -
If the merger is approved, the combined $2.2 billion-asset credit union would serve members in five states: Alaska, Arizona, California, Washington and Wyoming.
March 13 -
The legendary shock rocker was the main attraction in a new ad that one expert says may be the best credit union commercial of all time.
March 13 -
Banks and payment companies have long been wary of the political and reputational risks of supporting gun sellers. But gun sellers know their customers better than most other merchant categories.
March 13 -
TransferWise, which recently added a consumer-targeted account to its business-to-business services, has selected Wirecard to issue a cross-border debit card for consumers.
March 12 -
Ant Financial’s consumer lending has reached at least 600 billion yuan ($95 billion) despite the affiliate of Alibaba Group Holding Ltd. facing a tougher environment for securitizing its loans, people familiar with the matter said.
March 12 -
In India, tens of millions of merchants still operate largely in cash with a mostly unbanked rural population. Technology could solve their problems, but the bigger differentiator may be in how payment services are sold.
March 12 -
California officials had accused Advance America of wrongly assessing Department of Motor Vehicles fees on its payday loans to skirt the state's interest rate cap.
March 12 -
The League of Southeastern Credit Unions is working with legislators in both states to find ways to protect consumers from predatory lenders.
March 12 -
With the $14 million-asset credit union’s CEO retiring, Monad membership voted to merge.
March 12 -
The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.
March 12 -
A motivating speech from a female executive at the Ogilvy ad agency 15 years ago helped steer Denise Pickett to new heights at American Express. As did having a family willing to move to the U.S. from Canada.
March 12 -
The wave of payments fraud that's sweeping the globe shows no signs of abating. Martina King has an answer in an artificial intelligence-driven platform that has drawn the interest of some of the world's largest banks, payment processors, merchant acquirers, insurance companies and gaming organizations.
March 12 -
This year, as PaymentsSource honors The Most Influential Women in Payments, a new pattern has emerged. This year's list recognizes the contributions of entrepreneurs who took their ideas directly to market, showcasing new ways of handling business in an industry that is forced to quickly adapt to rapid changes in technology and global culture.
March 12 -
Countries all over the world are embracing faster payment processing, and Di Challenor is one of the major forces behind the movement in Australia.
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