Fintech

GREENWOOD VILLAGE, Colo. – State regulators last Friday approved a request by Bellco CU to expand to serve all 610,000 residents of Denver County.

Even a brief, voluntary online financial-literacy lesson can have a significant positive effect on how college students use credit cards, including driving them to have higher average credit scores and fewer credit card late fees, new research suggests.

Financial institutions that are taking a “wait-and-see” approach to mobile payments risk falling behind early investors as the market begins to take shape, concludes a whitepaper from Fiserv Inc.

More than 10% of U.S. consumers had set up mobile-banking services in 2009, but a smaller proportion actually used the services, according to the Federal Reserve Bank of Boston.

WASHINGTON – Jaws were dropping around Capitol Hill last week as CUNA President Bill Cheney began a tour of Senate offices with Camden Fine, head of the credit unions’ most virulent enemy, the Independent Community Bankers Association, to lobby for delay of the interchange rule.

A federal court in Dallas has granted motions made by Heartland Bank and KeyBank to dismiss civil suits brought against them by credit unions and banks for their involvement in the 2009 Heartland Payments Systems breach.

A federal judge last week denied American Express Co.'s bid to have an antitrust case against it dismissed.

DALLAS-Mortgage lending may be one of the best ways to generate revenue in 2011, but before a CU begins aggressively booking real estate loans, it needs to understand where the risk is, cautions ALM First.

Julia Goebel, vice president of marketing for Ambir Technology, says time savings from new technologies allow tellers to engage the customer and identify opportunities to cross-sell services

VISTA, Calif.-Improving a credit union's document-management capabilities increases operating efficiency, reduces expenses, and bolsters the bottom line, shared Andrew Tilbury.