Fintech

Credit unions spy an opportunity in small business, an unusual market for usually consumer-focused financial institutions and a segment that comes with a fair share of tech hurdles to clear.

PLEASANTON, Calif. – Patelco CU said its Patelcorp CUSO signed with InvestDaily to allow credit union members to invest their Health Savings Accounts in mutual funds on the company’s SaveDaily platform.

Discover Financial Services is partnering with the operator of Puerto Rico’s ATM and debit network as part of the payment card company’s ongoing effort to increase acceptance abroad by teaming with local networks.

American Express Co. is partnering with Office Depot to offer its prepaid cards at select office supply stores across the country.

Industry debates centering on the eventual U.S. conversion to EMV smart card acceptance at point-of-sale terminals have taken on several layers.

Pakistan’s top competition watchdog has charged the country’s largest shared financial-services network and its member banks with illegally fixing banking and payments-related charges, a month after it conducted raids at the network’s offices.

Prepaid Financial Services Ltd. has two new partnerships to provide prepaid products in the U.S. and Canada.

Citizens Republic Bancorp Inc. is jumping into the prepaid fray.

Stung by the recent skimming scandals that rocked banks in Singapore, the country’s apex monetary authority says it is working with the financial institutions to safeguard their systems and operating capability.

APPLE VALLEY, Minn. – Wings Financial CU was named the official credit union of the Professional Aviation Maintenance Association and will offer members of the group a full range of financial products and services.