Fintech

MADISON, Wis. – Credit unions would do best to target certain non-essential fees to boost their non-interest income to help maintain member goodwill and add to their bottom lines, a new study issued yesterday by the Filene Research Institute advises.

PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.

The ATM maker Diebold has purchased Altus, a multivendor service provider based in Ankara, Turkey.

Isis, the mobile-wallet joint venture formed by AT&T, Verizon Wireless and T-Mobile USA, launched its test today in Salt Lake City and Austin, Texas.

NEW YORK – The powerful retailers lobby reiterated its opposition to a proposed antitrust settlement with Visa and MasterCard settlement submitted Friday to the federal court, even after minor amendments to the proposal—setting up a potential battle royal in court.

PROVIDENCE, R.I.—Delaying implementation of online account opening could be sacrificing the CU's future profitability, according to a new Andera study.

"Cash mobs" in Ohio continue to be a way for CUs to support local small business and demonstrate the credit union difference.

A new study from the Filene Research Institute indicates that SaveUp-a financial education and savings rewards program piloted by several CUs earlier this year-has raised financial awareness and helped participating institutions deepen relationships with members.

First Capital FCU has rolled out a program designed to bolster the bottom line while also promoting self-sufficiency and deeper relationships at the credit union.

CHARLOTTESVILLE, Va.—Despite an improving asset quality profile for the sector, a handful of credit unions are still struggling with high levels of nonperforming assets, according to analysis by SNL Financial.