Fintech

WASHINGTON – With the toughest campaign of his career on tap, Montana Senator Jon Tester collected tens of thousands of dollars in campaign contributions from credit unions, banks and other interests before the Senate Banking Committee, just days before Tester lent his name as co-sponsor of a bill to delay the controversial rule cutting debit fees.

Visa Inc. plans to unveil an improved fraud detection system Monday for CyberSource Corp. customers that it says will cast a wider net than its earlier technology.

JPMorgan Chase & Co. plans to end debit rewards for at least some existing customers in July, according to a letter the issuer is sending to customers that cites the Durbin amendment as its reason.

MADISON, Wis.-From developing a loan program that lets members fund college needs through gift cards, to a software program that allows the credit union to automatically lower interest rates annually for members who make payments on time, the Filene Research Institute's pipeline has new projects in store.

Card issuers in New Zealand have come under immense backlash from both the general public and government officials after cardholders in the earthquake-stricken Christchurch area reportedly received bills with card penalty late fees.

A severe security breach at EMC Corp.'s RSA Security may threaten the thousands of banks that use its technology.

NEGAUNEE, Mich. – Superior Iron Range CU is sponsoring the 20th annual Car Show at the Superior Dome in Marquette.

OGDEN, Utah – America First CU has signed to be the title sponsor of Rocky Mountain Raceway’s ASA Oval, which will be called the “America First Credit Union Super Oval at Rocky Mountain Raceways.”

DENVER – Bellco CU has introduced an online car buying service by Automotive Avenues.

Mizuho Financial Group Inc. has shut down its ATM network and online-banking service for the weekend as Japan’s third-largest bank continues to deal with computer problems that have plagued it since March 15.