Fintech

CUNA is readying a "credit union vision" it hopes will take the movement to $2.5 trillion in assets in 10 years. It's an audacious goal for credit unions, which just hit the $1 trillion in assets threshold after more than a century of operation.

More banks are adding prepaid card programs, but lingering regulatory uncertainty is holding many back.

LIVONIA, Mich. – The Michigan CU League announced a deal this morning between its CU Solutions Group CUSO and Gas Station TV that will allow credit unions to advertise at the pump at local gas stations near their branches.

Positive credit card charge-off trends resumed during May as the average charge-off rate for credit card receivables in securitized trusts fell, reaching its lowest point since October 2007, Moody's Investors Service Inc. reports.

COLUMBUS, Ohio – Credit unions are teaming up with local businesses to boost foot traffic with spontaneous calls invitations to invade a small business and spend money, a practice becoming known as “cash mobs.”

Mobile wallet mania is experiencing another surge that some consider overblown.

The credit card tech provider Paynet Systems has added a tool to its Credit Card Machine app that allows merchants to request reviews on social media at the end of a transaction.

Times are changing: Consumers are increasingly using mobile and prepaid accounts, making less use of cash and gift cards. Here are seven trends spotted by Javelin Strategy & Research.

MasterCard, with a headcount of 6,700, is taking some of its cues in mobile payments from the likes of PaidPiper, a six-month-old company with just 10 employees. The card network is relying in part on ideas from the start-up to design its software tools for developers in mobile payments.

OAK RIDGE. Tenn. – ORNL FCU announced it contracted with INVEST Financial to provide its members with brokerage and investment services.