Fintech

Issuers are finding more and more sophisticated ways to entice consumers to swipe their cards over those of their rival banks.

Square announced today that it has closed the Series D financing round that included Starbucks, among other investors.

COLUMBUS, Ohio – Three local credit unions; Members First CU, Powerco CU and Western CU have completed a rare three-combination to form a new $190 million credit union called Pathways Financial CU.

Representatives from eight credit unions throughout Middle Tennessee have created a group that is working to continue the momentum created by Bank Transfer Day.

As banks and credit unions explore ways to create new revenue streams, a new Aite Group report indicates the daily deals market could generate over $1.4 billion in revenue for FIs on more than 300 million transactions by 2017.

Issuers are finding more and more sophisticated ways to entice consumers to swipe their cards over those of their rival banks.

VIRGINIA BEACH, Va. – Chartway FCU’s We Promise Foundation, which provides funding for children battling life-threatening illnesses, has raised $750,000 so far in 2012.

WESTFORD, Mass. – Jeanne D’Arc CU has vacated its branch in Nashoba Valley Technical High School after ten years and is being replaced there by Lowell Five Cent Savings Bank.

Google says use of its mobile wallet app has more than doubled since it modified Google Wallet to more easily allow consumers to link their credit and debit cards.

Apple has — yet again — left payments out when it designed its newest iPhone, despite numerous indications that it explored using Near Field Communication technology to create a mobile wallet. Apple had many good reasons to choose the course it did.