Fintech

For all the hullabaloo mobile remote-deposit capture generated in 2010, the availability of the service that enables consumers to deposit checks from home using the cameras on their smartphones remains limited to a few banks’ customers.

POCATELLO, Idaho – The Idaho State basketball arena here has a new court thanks to a partnership between the Idaho State Athletics Department and Idaho Central Credit Union.

SAN DIEGO — Showing how the credit union saves members money and turning members into CU evangelists will be among the top marketing tactics in 2011.

LAKE BLUFF, Ill. — According to one economist, CUs must do three things to grow and protect the bottom line: Put in place strong IRA and Keogh programs, price money market deposit accounts against money market mutual funds, and streamline checking offerings, including hanging onto a free account.

LOMBARD, Ill. — A negative statistic will lead to more positive results for credit unions in 2011.

WASHINGTON — At least one analyst is urging CUs to "make big plans" in 2011.

Credit cardholders in the United Kingdom will gain more control over their card accounts in the New Year because of recent changes in industry policy.

Toronto-Dominion Bank is trying something unusual this holiday season. The Canadian bank is encouraging consumers to spend sensibly, and that means swearing off credit card use and shopping with cash instead.

Mobile banking’s of little use as an innovation if apps can’t ensure the identity of the user, creating a lucrative security market in which Tyfone just scored a pair of patents.

China UnionPay has expanded its global reach by making a substantial entry into Vietnam’s payments market in collaboration with Sacombank Ltd., a spokesperson for the Vietnam bank tells PaymentsSource.