Fintech

A growing number of fintechs are finding ways to cater their offerings to credit union members, including one co-founded by a former credit union CEO.

Alipay already has inroads in Mexico, where its mobile wallet is accepted at some retailers popular with Chinese tourists. Through a partnership with Openpay, it’s expanding Mexican merchants’ access to these transactions in person and online.

Flywire is teaming up with Flutterwave to improve payments technology in Nigeria, which has Africa’s highest number of international students and medical patients traveling outside the country.

The Indiana-based credit union made significant gains in membership, lending, assets and more.

The Clearing House expected to take some time to introduce its new network to financial institutions and play up its benefits.

Celebrating new facilities, corporate philanthropy and other ways credit unions are giving back to their communities.

Credit unions will be watching as the Senate's regulatory relief bill heads to the House, but government spending and interest rates may delay that process by several weeks.

Bank stocks in recent months were a fallback for suffering tech investors, but now both sectors are getting hit. It's a sign of tightening interest rate spreads — and more volatility to come.

Alipay has partnered with FreedomPay and expanded an existing deal with First Data to deepen U.S. merchant acceptance at key destinations for Chinese tourists.

Retailers need to closely monitor new digital wallet trends, like Google Pay, to prioritize the most popular payment instruments to their customers during the purchase process, writes Rahul Shah, senior vice president of Global Delivery & Customer Success at Applause.