Fintech

In a sign of third-party payments market consolidation in India, the owner of TimesofMoney reportedly plans to sell one of the country’s most widely used remittance service providers to a multinational company.

BALTIMORE–Rage against fees on credit cards, not bank accounts, drove more consumers to using prepaid cards as everyday financial tools, contends the chief executive at prepaid card giant Green Dot Corp.

Credit unions often lose auto loans to dealerships without even knowing their members were looking, in part because the members didn't know, either.

Financial institutions of every stripe will need to look for new products and services to make up for non-interest income that previously was generated from fees on deposit accounts, according to one analysis.

With most CU investments paying so little today, Jim Park recommends that credit unions look to make an investment in their card base.

Jeff Baxter wastes little time getting to the heart of the matter: "The first question is always, 'What is this all about? How do you go from being a rock guitar player to the dark side of the military intelligence community?'"

Billy Beane's life has changed a bit in recent years following release of the movie "Moneyball," in which Brad Pitt played him.

Often, the best perspective is an outside perspective, and last week CUs got more than a half-dozen, including from a former Doobie Brother who is now a defense expert. From an online purveyor of luxury goods. And from a man whom Brad Pitt played in a movie.

Credit unions were offered some ideas on becoming a "cult brand," from one company that has managed to do just that.

Put a group of people in a room and ask them about their banking relationships, and a fountain of angry complaints begins flowing. Yet most of those people never close those accounts or move to a credit union.