Fintech

The $20 million-asset Stephens-Franklin Teachers Credit Union will merge into Peach State later this week.

Credit unions enjoyed a boost to membership as consumers fled the big banks in the wake of the financial crisis. But they can't wait for the next global disaster to drive younger members into their arms.

Automated payment technology provider Yooz North America is partnering with digital payment provider SnapCheck to help companies speed up accounts payable processes, while cutting operational and fraud costs.

Four years after introducing Apple Pay, the company is going neighborhood by neighborhood trying to get U.S. retailers and consumers to use the service—no easy task.

As the gift card market grows and becomes increasingly digital, so has the product's utility. Thus, many consumers are shifting their habits and buying gift cards for themselves either due to an incentive program or to help with budgeting.

Mastercard and Visa’s single online payment experience, which has angered some merchants and could shake up the e-commerce market from PayPal to Amazon, is progressing toward a 2019 launch.

The acquisition will increase Horizon’s core deposits and add branches around Indianapolis.

After Rooam's initial launch of its nightlife payment app in its home base of Washington, D.C., the company has agreed to acquire a similar payment app provider to pave the way for its launch in Chicago.

The $45 million purchase will provide Peoples with eight branches and $244 million in deposits.

Customers can access personalized offers through the banking provider’s app, which means every time they earn rewards, find new deals and receive a helpful reminder of a bargain they do not want to miss, writes Mehmet Sezgin, CEO and Founder of MyGini.