Fintech

One week after NCUA filed its own appeal brief, three major organizations banded together in support of the expanded field-of-membership rule

Virginia Partners will operate as a separate bank unit after the deal closes.

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

Citizens Equity First Credit Union in Peoria, Ill., returned $50 million to its members last month.

Mobile payments technology has fallen short of expectations in major markets, particularly the U.S., where less than 10 percent of consumers routinely use devices to pay in stores — despite more than four years of aggressive development from large technology companies and banks.

From expanding access to affordable financial services to donations and actions to support health and fight cancer, here's a look at how credit unions around the country are giving back this holiday season.

The Fed's faster payments task force is not likely to receive welcoming feedback from current operators who aren't convinced a hands-on role for the Fed is needed.

Mastercard and white label payment software company Cardstream are partnering to accelerate the deployment of Mastercard’s Secure Remote Commerce (SRC)-ready Masterpass wallet and its “Pay by Bank” solution.

Pennsylvania-based institution will give back $600,000 to members next month.