Fintech

NSWC Federal Credit Union is rolling out a new name in the hopes of boosting membership and dispelling misconceptions about who can join.

Banks paid out nearly twice as much as they earned in the first quarter; Marilyn Booker, a managing director, said she was fired in December for pushing too hard on a diversity plan.

A new study shows 60% of adult children whose mother or father are credit union members do not belong to the same institution as their parents.

Apple Inc. faces a twin-pronged attack from European Union antitrust chief Margrethe Vestager amid concerns the U.S. tech giant’s App Store and Apple Pay services squeeze developers and potential rivals.

To get an edge in the rapidly expanding earned wage access market, Branch is extending mobile contactless capabilities to its Mastercard debit account by adding Apple Pay and Google Pay to its app.

Executives argue the rollouts will largely focus on new markets and work in tandem with digital banking efforts.

Chuck Shaffer will take the helm in December, becoming the first leader outside of the Hudson family since the bank's formation in 1926.

Square has added fuel to its growing Cash transfer service by agreeing to buy Verse, a Spanish P2P app.

The Michigan institution's asset base increased substantially in 2019 thanks to a merger but has continued to grow in 2020.

Three corporate credit unions serving more than 70% of the industry have banded together for a new effort following Catalyst Corporate's purchase of Aptys Solutions in late May.