Fintech

The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.

Mastercard has agreed to acquire digital bill payment platform Transactis, a deal the card network expects to close during the second quarter of 2019.

The Yankton, S.D.-based institution can now serve 18 counties across two states.

Two attorneys told a credit union audience the growing wave of marijuana legalization could have just as big an impact on financial institutions that don't serve the cannabis industry as those that do.

Over the past two years, Uma Wilson's strategy took a program that had been losing customers on a year-over-year basis and transformed it into the fastest-growing issuer of Visa cards in the region.

The Capitola, Calif.-based institution reached the milestone a few months after acquiring another credit union.

Among his many responsibilities in the newly created role, Brian Doubles will be in charge of expanding Synchrony's direct-to-consumer banking business.

Apple is addressing consumer demands and pain points head-on, with the overall goal of making consumers’ lives easier, argues Jeff Bender, vice president of digital solutions for Diebold Nixdorf.

The Honolulu-based credit union said its earnings dropped by more than 37% from a year earlier.

Hudson Valley Federal Credit Union wants to eventually add eight counties to the four it currently serves.