Fintech

Subscription payments are supposed to happen in the background with little or no effort. But what happens when another “automatic” and constantly changing product is tossed on top of the subscription?

Singapore-based money transfer platform TransferTo is working with Stellar.org to facilitate low-cost blockchain-based cross-border remittances for underbanked and unbanked consumers in emerging markets.

Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent deals who could have a big impact.

Notre Dame Federal Credit Union is the latest to join the Hispanic outreach program for CUs, which now serves more than 85 institutions nationwide.

Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.

Discover Financial Services has launched a version of the Discover "it" card for entrepreneurs whose rewards and features compete more directly with small-business cards offered by Amex and Chase.

By using a network of vendors with existing payment and financial terms, TD Bank hopes to expedite the paper processing for supply chain transactions and treasury management.

The payments, which total more than $10 million, stem from a 2017 settlement with the Federal Trade Commission. The agency charged that NetSpend deceived consumers by advertising that they could get immediate access to their funds.

From threats to potential partnerships, a panel of experts offered credit unions an inside look at fintech during the recent CUNA Technology Council conference.

In a continued effort to expand beyond China's borders, China UnionPay will reportedly work with a U.K. company to issue issuing virtual corporate cards next month in Europe.