Fintech

ALQUIPPA, Penn. – A&S FCU, originally a railroad employees’ credit union, has obtained approval from NCUA to convert to a community charter serving 170,000 residents of surrounding Beaver County.

Green Dot Corp. is losing its luster with certain Wall Street analysts.

Planet Payment Inc.’s efforts to reduce U.S. merchants’ international charge-back and online card-acceptance costs through a deal to offer a 3-D Secure service from CardinalCommerce Corp. could hinge on consumer participation in the fraud-prevention service.

As many of the nation's largest banks write big checks to settle a massive federal class-action lawsuit involving overdraft fees, BancorpSouth instead has opted for the controversial legal strategy of trying to duck out of the proceedings.

Subprime credit card borrowers are on the move again, opening significantly more new accounts than they did during the recession as lenders ease up on their ultra-tight underwriting standards.

Even as consumer-advocacy groups push for better disclosure of prepaid card fees, most adults remain in the dark about fees for using prepaid debit cards, new survey data suggest.

TALLAHASSEE, Fla. – Florida Commerce CU said it is dropping the “Florida” from its name as its moved into nearby Georgia with the opening of a branch in Thomasville.

Signature Systems says its Swift Exchange platform can address a pain point for rewards wallets: rewards are easier for consumers to earn than to spend.

Companies launching reloadable prepaid debit cards now have a general framework to follow to help make their products more consumer-friendly.

Banks are in danger of having their lunch eaten by non-bank purveyors of new technology like the digital wallet, but there are significant opportunities as well, says Peter Kight.