Fintech

Swipely has secured a $12 million Series B round of financing, which will fund its nationwide expansion, the payments and marketing company announced today.

The rate of credit card payments at least 90 days overdue fell to 0.69% in the first quarter ended March 31 from 0.85% in the year-ago period, a nearly 19% drop, according to credit reporting agency TransUnion.

Licensed gun dealers are finding it increasingly hard to accept card-not-present credit card or debit card transactions, but companies such as Tasker Payment Gateways are not gun-shy when it comes to serving the firearms industry.

NCR Corp. is integrating SCVNGR's LevelUp mobile payment system with its Aloha POS system for restaurants.

While many still see Bitcoin as an unrealistic payment method, venture capitalists say there are clear use cases for the decentralized cryptocurrency in micropayments, international remittance and charity.

Some consumers in London reportedly experienced problems with the contactless payment system U.K. retail giant Marks & Spencer recently expanded into all of its 644 stores.

With manufacturer incentives making indirect auto an extremely tough market to compete in now, MidSouth Community FCU quickly turned to direct auto loans this year and has more than doubled results over last year.

The clock is ticking on historically low mortgage rates, meaning credit unions must start to make some adjustments.

CEOs are pulling several levers this year to bolster the bottom line, but none more important than the one tied to member convenience.

CUs have been trimming expenses up and down the budget. But it's not so much to save money anymore as it is to reallocate dollars to more productive areas of the business.