Fintech

The Dan Beard Council of the Boy Scouts of America has begun using a mobile card reader from VeriFone in its Annual Popcorn Sale.

WYANDOTTE, Mich. -- Wyandotte FCU, the $90 million credit union serving 110 area companies, is changing its name to Nu Path Community CU as it converts from a federal charter to a state charter encompassing three million people in Wayne, Monroe, Allegan, Ottawa and Kent counties, one of the biggest community charters ever granted in Michigan.

As banks have added checking-account fees to counter reductions in debit card revenue, consumers have responded, too, by streamlining their wallets and closing dormant or less-used accounts, new research shows.

The Bitcoin system is preparing to join the many digital payment options that fall back on a prepaid card — but is a plastic card even necessary for e-wallets supported by Bitcoin, PayPal, Amex and others?

Awareness of contactless card payments in the UK has nearly doubled in the past year, resulting in more than a million payments per month, according to research that provides plenty of food for thought for the U.S. and other countries where such cards are available.

WOODBURY, Minn. – Postal CU has begun offering Visa Reloadable Prepaid Cards as alternatives to it Visa Debit Card, without the need for a checking account or credit check.

LAKELAND, Fla. – Members at two credit unions, on Florida’s Space Coast and the Gulf Coast, have approved mergers into MidFlorida CU, the fast-growing $1.8 billion credit union.

WEST LAFAYETTE, Ind. -- Purdue Employees FCU has a new face for its alumni credit card, Eugene Cernan, the last man on the moon.

ALEXANDRIA, Va. – Rather than slowing down, the membership drive spurred by last fall’s Bank Transfer Day sped up in the first and second quarters of the year to a record pace, NCUA reported Friday.

A new study from the Filene Research Institute suggests that fewer service and product offerings may be more efficient and beneficial for credit union members.