Fintech

The Delaware company said it received $22 million in net proceeds after selling 360,000 class B shares.

Members of Standard Register Federal Credit Union are expected to vote on the proposed merger into Pathways Financial Credit Union in August.

Delmarva Bancshares, which was on the brink of failure during the financial crisis, will be sold to BV Financial for $54 million.

By adding direct debit from bank accounts as a payment option, YayPay feels it is in a far better position to help the accounts receivable departments of U.S. businesses expand international growth.

A proposal from the credit union regulator was criticized for being needlessly complex and not requiring enough transparency.

Federal Reserve Chair Jerome Powell took a question Wednesday about something that doesn’t come up very often in congressional hearings about monetary policy: coinage.

Even where there have been innovations in the B2B payments space, often it has not accounted for the needs of both sides of the B2B transaction, and thus, adoption has been slowed, says Billtrust's Nick Babinsky.

NSWC Federal Credit Union is rolling out a new name in the hopes of boosting membership and dispelling misconceptions about who can join.

Banks paid out nearly twice as much as they earned in the first quarter; Marilyn Booker, a managing director, said she was fired in December for pushing too hard on a diversity plan.

A new study shows 60% of adult children whose mother or father are credit union members do not belong to the same institution as their parents.