Fintech

WARMINSTER, Penn.-The $490-million Freedom Credit Union is rolling out a Fall schedule of advertising for its "I Choose Freedom" campaign.

Dubai International Airport plans to offer airline passengers entering Dubai in the United Arab Emirates a MasterCard-branded prepaid card to use to shop and pay for services and goods while at the airport and in the city, it announced Nov 2.

The global point-of-sale payment terminal market is enjoying a technology boom as manufacturers peering just over the horizon see rampant demand for in-store devices that can accommodate both contactless payments and card transactions authenticated by EMV chip-and-PIN security protocols.

ST. LOUIS – St. Bernadette CU was approved by the Division of CUs to serve all 1 million residents of surrounding St. Louis County.

SPOKANE, Wash. – Horizon CU is acquiring $63-million Montana First CU to create a $480-million inter-state credit union.

HARRISBURG, Penn. – Other credit unions also reported strong increases in traffic and interest, although at least one called Bank Transfer Day a “bust.” Separately, Credit Union Journal has uploaded a number of photos related to Bank Transfer Day on its Facebook page.

WALL STREET – The month-long Occupy Wall Street demonstration continued to bear fruit for local credit unions, with representatives from four nearby community development credit unions on hand at the Zuccoti Park protests Saturday helping participants and passersby join a credit union.

SEATTLE – Thousands of consumers lined up waiting for a credit union to open Saturday morning, prompting hundreds of credit unions to stage special weekend hours as the most fertile month of member recruitment culminated in Bank Transfer Day.

PayPal Inc., a pioneer in alternative online payments, is seeking to stake a new claim in the burgeoning and increasingly congested mobile-payments space, and what sets it apart may be an acquisition that occurred three years ago.

LAS VEGAS–Will mobile phones replace plastic payments cards?