Fintech

Citigroup Inc. has appointed several new people to the leadership team of its Citi Cards business.

CHELSEA, Mass. – Metro CU, which recently entered 14 area college campuses with the acquisition of Boston’s University CU, will get another metro-Boston branch with the planned merger of Secure CU in Melrose.

BOSTON – First Priority CU, which failed in its longtime bid to convert to a bank, has instead applied to state regulators to expand its field of membership to cover more than half of the Bay State.

Fifth Third Bancorp is leveraging its existing relationships with colleges and universities to enter the campus card program market.

South Africa’s First National Bank Ltd on Sept. 7 unveiled what it says is the nation’s first service enabling its customers to send funds to one another using only a cell phone number.

The Indian government reportedly has approved plans to establish a single electronic-payments gateway to accommodate the processing of all state and central government services by the end of the fiscal year.

Having a smartphone equipped for mobile payments with multiple payment options could weaken the impact of card brands, according to a new report from Morningstar Inc.

The challenges of complying with Federal Reserve Board rules implementing provisions of the so-called Durbin amendment and new elements of the Americans With Disabilities Act are uniting at least one sector of the financial-services industry.

A new bulletin from Visa indicates that it is increasingly concerned about point of sale terminals being adapted to steal card data over Bluetooth connections.

New data about employees' attitudes toward direct deposit released on Sept. 7 found that Gen Y is more likely than other generations to use direct deposit as a means to reduce their impact on the environment.