Fintech

Consumer credit card balances fell for the second straight month, according to data released Friday by the Federal Reserve.

Consumers are increasingly paying down their debts, according to the American Bankers Association.

TOLLAND, Conn. — More than nine-in-10 members who visit their credit union's website immediately go to online banking or bill pay.

HARRISBURG, Penn. – Pennsylvania State Employees CU, which has been providing its checking account members with free FICO credit scores the past two years, will be offering the popular service over its mobile banking channels within the next two weeks.

CHANTILLY, Va. – Justice FCU, the credit union serving the U.S. Department of Justice, announced plans to open branches in Chicago and Miami in an effort to live up to its motto, “Serving Justice Across the Nation.”

InComm, following a similar move by American Express Co., plans to stop selling gift cards in retail stores in New Jersey.

Travelers visiting Thailand may take advantage of a new prepaid Visa card providing visitors with discounts at local tourist and shopping locations, the Tourism Authority of Thailand announced Apr. 2.

Bump wants to bring its own touch to person-to-person mobile payment technology.

Wendy Lokken, CEO of Lasertec, believes it is more important than ever for credit unions to 'go green' by utilizing all-electronic marketing.

David Foss, President of ProfitStars, is concerned that while more credit unions are choosing to spend money, the investments being made are not all driving the bottom line.