Fintech

AUSTIN, Texas – The Texas CU Division denied an application from Resource One CU, a product of six mergers, to cover a huge swatch of territory covering more than five million people in Harris, Collin and Denton counties.

SIOUX FALLS, S.D. -- Sioux Empire FCU has expanded its field of membership to include residents in McCook or Turner counties.

Branch Banking & Trust Co. won reversal of a lower-court decision, allowing it to require arbitration in a consumer lawsuit involving overdraft fees charged by the Winston-Salem, North Carolina-based bank.

ATM industry players are reluctant to embrace the EMV secure card standard, according to a survey from the ATM Industry Association.

Commonwealth Bank of Australia is offering a social payments app called CommBank Kaching for Android handsets. The bank will also launch a Facebook app later this year.

For years, the payments industry has been waiting for Apple to disrupt the market with a payment-capable iPhone. Some are finally getting sick of the wait.

Consumers may not be pushing for stronger card security because they feel overly protected by the systems in use today. But they do face real costs for fraud.

Visa and MasterCard, the biggest payment networks, are prepared to settle a seven-year lawsuit brought by retailers to cut their credit-card costs later this month, three people briefed on the talks said.

EUREKA, Calif. -- Coast Central CU has launched Fiserv’s Popmoney person-to-person payment service.

MOOSE LAKE, Minn. – Lake State FCU, with $184 million in assets, has signed with INVEST Financial Corp. to provide its members with brokerage and investment services.