Fintech

USAA always has been an early adopter of new digital banking technology, partly because of its customer base of military personal, who often are dispatched to locations around the world on short notice.

Consumer angst initially has some customers considering leaving their financial institution if it adds debit card fees, the results of a new consumer survey suggest.

BATTLE CREEK, Mich. – Post Community CU has received approval from state regulators to add four counties and almost 500,000 people in them to its field of membership: Eaton, Kalamazoo, St. Joseph and Van Buren.

LITTLETON, Colo. – Colorado CU has applied to state regulators to convert to a community charter serving 500,000 residents of surrounding Adams County.

HOUSTON – Local credit unions celebrated International CU Day by kicking off a new campaign to attract bank customers angered by growing fees with an advertising promotion called “Nickel-&-Dimed by Fees.”

PayPal Inc.’s brand recognition with consumers is helping parent EBay Inc.’s payment unit to position its mobile offerings as the most secure product in the marketplace, eBay’s CEO noted during a conference call to discuss the company’s third quarter earnings.

Helped by a 10% increase in credit card sales from a year earlier as consumer spending accelerated, Alliance Data Systems Corp. on Oct. 20 reported significant increases in third-quarter revenue and income.

Before undergoing major technical tasks related to preparing point-of-sale terminals for the Single Euro Payment Area, French terminal maker Ingenico SA says it will have a key voice in establishing security and payment scheme standards for the single European market.

As many banks evaluate how much impact the Durbin amendment that limits debit card interchange will affect revenue, U.S. Bank says it is reserving judgment.

WASHINGTON– U.S. Sen. Dick Durbin, D-Ill., is calling on Wells Fargo & Co. to explain why it needs to impose new debit card fees when it posted a 21% increase in third quarter profits.