Fintech

Banks may have trouble performing the higher degree of analysis required by new security rules for payments initiated online, but their options include retraining staff and training software that learns from customers' spending patterns.

Consumer bankcard and private-label credit card account defaults declined again in May, reaching lows not seen in more than two years as the economy continues to stabilize, according to new data from Fitch Inc.

SAN JOSE, Calif.-As firms in Silicon Valley hire more engineers born outside the United States., one CU is making the transition to America a little easier when it comes to their personal finances.

GLASGOW, Scotland-Brazil's credit unions have moved aggressively to create a national brand and presence in which nearly every nonmember-facing function has been centralized, with partnerships formed with the likes of Bain & Co. and Accenture to ensure product and service delivery.

GLASGOW, Scotland-Poland's credit unions have come a long way in just 20 years, including a comprehensive collaboration aimed at cutting costs and raising awareness that exceeds anything currently being seen in the U.S.

MT. PROSPECT, Ill.-Credit unions will face two critical challenges in 2012, but they must overcome four barriers to achieving those two objectives, according to one technology expert.

SAN FRANCISCO-Interest rates are low and have been for many months, but the Federal Home Loan Bank here cautions CUs not to wait too long to plan for the inevitable climb.

JSC Federal Credit Union is the latest of a growing list of credit unions that have agreed to set aside funds to settle consumers’ claims the credit union violated provisions of the notification provisions of the Electronic Funds Transfer Act.

Bangladesh is opening the door to accommodate more international electronic funds transfers and payments under a central bank move to allow the payment of fees for studies abroad using credit cards issued in the country.

Cardtronics Inc. cited six different factors that helped the ATM independent sales organization generate a second-quarter revenue boost to $147.3 million, up 10.8% from $132.9 million from the same period a year ago.