Fintech

New payments technology and rising demand for services are expanding the scope and reach of most of the world’s leading domestic payment schemes. But challenges from Visa and Mastercard loom large.

In a bid to help younger consumers, CommunityAmerica Credit Union’s new FAFSA chatbot can answer more than 400 questions about applying for federal student aid.

Part of the issue is that in the U.S., contactless cards didn't pave the way for mobile as they did in other regions. Without widespread acceptance of contactless cards, merchants were put in the position of being asked to upgrade their terminals for mobile without any promise that the investment would pay off.

Seeking a stronger foothold in the growing India payments landscape, Visa has made a minority investment in digital payments platform BillDesk.

CUs in Kansas, Missouri, Texas and Florida have joined the Kansas City-area credit union service organization.

In the past few years the Chinese government has loosened restrictions on foreign travel, enabling millions of its citizenry to visit foreign lands. Along with a greater ability to travel is the enhanced prosperity Chinese consumers have reaped at home — and now bring with them on vacations to purchase foreign goods.

A credit-builder loan at Virginia-based The Partnership Federal Credit Union wasn't meeting the needs of as many members as it could. Here's how the CU fixed that problem.

B2B transactions are still heavily reliant on checks, and a lot of fintechs hope businesses are ready to break the habit. Silicon Valley fintech Coupa’s part of the parade of innovation, offering a virtual card and a payments-as-concierge approach.

The end of one-party rule in Washington could move the needle on efforts to devise a new housing finance framework.

Credit unions are well positioned to serve small businesses, but they'll lose that opportunity if they're not adequately protecting those members' cash flow.