Fintech

The hiring of Mark Begor comes as the credit bureau has been shuffling its top managers since disclosing last year that hackers were able to access the personal data of 145.5 million U.S. consumers.

The fintech is partnering with WebBank to offer a normal-rate, unsecured credit card for people with no credit or a thin file. Petal will consider how much money consumers make, the bills they pay on a monthly basis, and trends in volatility in their income and expenses.

Domestic debit networks' dual-message transaction options have the ability to disrupt the customer experience, add complexity to back offices operations, and impact issuers’ contractual obligations to their global networks, writes Patrick Goodwin, president of SRM.

The credit union is Kentucky's largest and has experienced more than two decades of steady growth.

China’s Alipay mobile wallet is now accepted by airport retailers in the Middle East and Africa through a collaboration between Qatar Airways and Wirecard.

Lansing, Mich.-based LAFCU will still judge all submissions, but a local paper will publish the winning entries – the first time the credit union has undertaken such a partnership.

French supermarket chain Carrefour has launched its own mobile wallet, making Carrefour Pay available to customers as part of its plan for a complete omnichannel experience.

Despite more bank and investor activity around digital P2P payments, consumer usage of P2P is a mixed bag.

Another look at how credit unions are giving back to the communities they serve.

Bank of America is giving its small-business credit card customers some of the key features of the credit card rewards it offers consumers.