Fintech

"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview.

When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.

Behavioral data about Hispanics’ use of digital payments is scarce, but the sector as a whole spends more than $1.4 trillion annually and its population growth rate significantly outpaces the mainstream, based on U.S. Census Bureau data.

Card issuers have long feared that third-party mobile wallets would erode their brand power by rendering them an invisible part of the payment process — and issuers like Barclays and TD Bank are finding ways to fight back.

The reality behind the confusing "05: Do Not Honor" refusal is some issuers (or their processors) do a poor job of returning the appropriate refusal reasons to the merchants, writes Chris Laumans, product owner at Adyen.

Wells Fargo is doing everything in its power to make its app the go-to choice for any interaction that involves money.

The company agreed to buy the parent of First National Bank of Crossett for about $13 million.

Mark Begor said Wednesday that banks and other customers will receive regular updates on the credit reporting agency’s efforts to improve its cybersecurity in the wake of last year’s massive data breach.

Merchants and issuers have to step up efforts to slow down the flood of chargebacks, which in many cases could be thwarted by better communication between the two and the consumer.

Hosting overseas delegations of credit union professionals, giving back to the homeless and sick kids, and more ways CUs are making a difference.