Fintech

The company would also gain a branch near Dallas with the proposed acquisition.

Since July, Visa has noticed an uptick in unemployment insurance fraud with prepaid cards being used as a key disbursement vehicle. And the best solution may be rooted in technology, not law enforcement.

Having already changed charters for a statewide field of membership, the Jackson, Mich.-based institution will now merge with Washtenaw Federal Credit Union.

The bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.

Atlanta-based fintech Greenlight has raised $215 million in a Series C round and announced that it has achieved a valuation of $1.2 billion, giving it unicorn status.

Brink's has seen a 20% increase since January in the amount of cash processed in its own systems, signaling that as users return to stores they’re choosing to pay with cash.

Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union.

Petal, the credit card aimed at millennials and others with limited credit histories, has raised $55 million in a Series C as main street banks pull back on credit during the COVID-19 crisis.

A cloud-based system makes it easier to communicate with staff on matters outside of payroll, says OnPay's Katelyn Sullivan.

A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.