Fintech

Implementing an electronic payments solution isn’t about replacing one payment method (checks) for an electronic one—as in abandoning checks for ACH, writes Ralph Perdomo, a research analyst at Nvoicepay.

Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.

Last month, banks submitted draft policies on the so-called application programming interfaces, or APIs, that will open up their systems to fintech firms seeking to do everything from payments and remittances to budget planning

New York state's pension funds are urging credit card companies to consider following Citigroup's lead in cracking down on gun sellers.

From renewing efforts to promote solar energy to making donations to fight cancer and benefit Children's Miracle Network Hospitals and more, here's how credit unions are giving back to the communities they serve.

Some speculate that the banks who do business with credit reporting agencies may be looking for alternatives after mounting concerns about their ability to keep information private. But breaking up is hard to do.

This year could be a pivot point for blockchain to move past proofs of concept to adoption, propelled by strong investor interest. But many still see the tech as being three to four years away from going mainstream.

A generation that has never known a world without cell phones or the internet – in other words, those born in the year 2000 or later – is driving credit unions to redefine traditional approaches to banking, technology, communication and more.

Late-payment rates at banks declined in nine out of the 11 consumer loan categories tracked by the American Bankers Association, including credit cards, auto loans and personal loans.

A University of Iowa regent who questioned the credit union's relationship with the university is part-owner of a local bank.