Fintech

Businesses have to ensure they're not losing money on the currency exchange, and volatility in the local market could upset their earnings or pricing structures in those areas, says Rapyd's Joel Yarbrough.

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

Ardent Credit Union plans to market its adaptable “Cube” design to other financial institutions.

JPMorgan Chase & Co. is boosting the annual fee for some customers by $100 as it adds new perks.

The Alexandria, Va.-based credit union's growth was partly driven by strong earnings through the first three quarters of 2019.

The NFC Forum, the global standards body and advocacy association for the use of NFC, released the specifications to improve communication speed and the ability to use NFC in areas in which "noisy radio environments" might cause interference.

Facebook Pay's relatively limited scope has raised less opposition than the company's crypto project, argues Infinite Convergence's Anurag Lal.

Comerica Bank won another five-year contract from the Treasury Department to run the prepaid Direct Express card program despite criticism of how it handled past fraud cases and customer service blunders.

All but a handful of states now allow a gamified way for consumers o save money, and some credit unions have adopted these programs to help boost deposits.

After struggling with profitability, Horizons FCU has been approved to join Premier Members Credit Union later this year.