Fintech

SUITLAND, Md. – Andrews FCU joined credit union service organization Potomac Business Services LLC as an equity member May 19.

This story was updated from its original version.

Telemundo Communications Group LLC continues to expand its reach into the prepaid segment with a deal introducing cobranded Visa Inc. and MasterCard Worldwide gift cards at select retail locations through a partnership with InComm Inc., the companies announced May 25.

Four large Australian banks on May 31 said they have canceled thousands of credit cards following a merchant breach that resulted in the exposure of sensitive card data.

GE Capital Retail Finance and Alliance Data Systems Corp. on May 24 each announced extensions to long-term proprietary card programs.

Mopay Inc. on May 25 announced a new platform for mobile payments.

Starbucks Corp. is known for its nonalcoholic beverages, but the success of its mobile payments application has forced it to contend with a bootlegger.

MADISON, Wis.-A team of professionals from the credit union and finance communities has created a mutual fund that aims to make it easier for CUs to package and sell member business loans.

ANAHEIM, Calif.-There are lessons in management to be had for credit unions from a man who has taken more than 10,000 trips on Disneyland's Jungle Cruise.

ANAHEIM, Calif.-Even if you haven't flown it, you're likely aware the Virgin America brand has a certain "cool" factor to it. What you may be less aware of is the airline's marketing budget is relatively small, especially compared to competitors'.