Fintech

Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.

The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?

Person-to-person payments have become table stakes for institutions looking to attract and retain younger customers. The service may also be one of the keys to keeping big-tech insurgents like Amazon at bay.

The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?

Despite some significant advancements in the past two years, rifts are already developing in the U.S. move to faster payments.

Person-to-person payments have become table stakes for institutions looking to attract and retain younger customers. The service may also be one of the keys to keeping big-tech insurgents like Amazon at bay.

CU Sol, LLC is the result of a collaboration between credit unions in Albuquerque and Guam.

TenantCloud, which launched in 2014 to help landlords manage their businesses, has partnered with Dwolla to enable property management companies to collect rent payments through its platform via ACH.

Web and mobile bill payment service provider doxo now supports Apple Pay as a payment option.

Credit union clients of CMS will be able to make securities transactions without commissions.