Fintech

Credit unions need to converge delivery channels and better leverage data they already have on their members to improve their bottom lines, says David Cerwinski, VP sales & client services for Wescom Resources Group.

Credit union CEOs are feeling better about the bottom lines of their members, but are not as optimistic when it comes to their own credit unions.

A new report issued by the Filene Research Institute said serving the immigrant population is a long-term investment that begins with basic financial products.

Visa Inc. and MasterCard Inc. sued trade groups and retailers that rejected a $7.25 billion settlement in a price-fixing suit and asked a court to rule that the card companies' fee practices weren't illegal.

IP Commerce Inc., a startup backed by Venrock Inc. and Intel Corp.'s venture-capital arm, is shutting its key business, which handles credit-card processing for companies including Groupon Inc., citing competition.

Charge Anywhere LLC will have gateway software available when small U.S. merchants need to accept EMV-chip card payments with their smartphones.

Blaze Mobile is developing a new Near Field Communication mobile phone attachment that attempts to build a more open mobile wallet by allowing consumers to choose from a series of payment accounts.

LIVONIA, Mich. – CU Solutions Group has released an update on its member engagement program, SaveUp.

ORLANDO, Fla. – CFE Federal Credit Union has acquired the naming rights to the UCF Arena used by the University of Central Florida.

Target Corp., Macy’s Inc. and other companies sued Visa Inc. and MasterCard Inc. over credit-card and debit-card fees after retailers objected to a multibillion-dollar settlement of a similar suit.