Fintech

ViZ Bank would eventually have branches across several major U.S. cities, including Dallas, Denver and Atlanta. It would also offer a program to help former inmates build savings and establish credit.

The decentralizing of accounts payable and supply chains is a chance to turn to virtual cards, says Nvoicepay's Kristin Cardinali.

The Jacksonville, Fla.-based credit union said it needs the extra staff to handle an influx of member calls and to help with a planned expansion.

The seemingly positive embrace of contactless payments raises important questions about how we can safeguard access to cash, especially for the most vulnerable members of society, says Moorwand's Luc Geuriane.

The Pennsylvania company recruited John Montgomery from First Bank in St. Louis to take the helm on Aug. 31.

The massive shift to digital has created new challenges in cross-border payment processing, says Tipalti's Manish Vrishaketu.

Ulule is working with Bank of the West to build name recognition. It hopes to collaborate with other banks and credit unions as it vies with larger companies such as Kickstarter and GoFundMe.

The industry will have to grapple with pressure on net interest margins, interchange income and credit quality, said CUNA Mutual's Steve Rick during a virtual conference.

The company said it will use the new funding to accelerate its growth.

NuMark and NorthStar Credit Unions plan to join forces later this year, with NuMark CEO Ann Dubie retiring once the deal has been completed.