Fintech

Fraudsters are taking their attacks on banks and payment companies to alarming new levels using automation and cloud-based servers, according to a new report from Guardian Analytics and McAfee.

The banking industry, facing a rash of lawsuits over fee-disclosure signs on ATMs, is hoping for help this week both from Congress and the Supreme Court.

Consumers weary of shuffling through various credit cards to get the best rewards could get relief from a new service that automates the selection of the proper card.

To get to the Olympics this year, most people pay for tickets. One couple might get there by paying for a soda.

LIVONIA, Mich. – The Michigan CU League said this morning it has struck a deal with Gas Station TV to sell video ads to local credit unions across the country on-screen at the gas pumps.

The long-time leaders in manufacturing payment terminals are adapting to respond to the likes of Square Inc., which this month said that some 2 million individuals and small businesses are using its dongle and mobile application to accept cards using smartphones.

BIRMINGHAM, Ala. – The League of Southeastern CUs has rolled out the second run of on air and Internet spots for its $1.2-million advertising campaign, built around the tagline “Credit Unions: we’re giving banking a better name.”

PEMBROKE PINES, Fla. – Tropical Financial CU picked five members from a cast of 100 who auditioned on camera to appear in broadcast, electronic and print media as the faces of the $600-million credit union.

American Express Co. has hatched a new name for its corporate digital payments service to drive home the message that it offers more than just cards for buyers initiating transactions.

RICHMOND, Va. – Entrust Financial CU is introducing a “Banking With a Higher Purpose” campaign today over local TV and radio to emphasize a personal touch that will provide all new accountholders with their own member service rep for the first 90 days.