Fintech

On Sep. 30, 2017. Dollars in thousands.

While Zelle is working hard to become the Venmo for grown-ups, it is also pushing into retail payments, particularly in opportunities for displacement of cash and check and where funds are needed in minutes rather than days or weeks.

A Swiss financier has agreed to buy Brickell Bank a year after another sale fell through.

As organizations look to AP to take on more strategic planning, budgeting, and cash management activities, they have to use automation to get rid of the manual, repetitive, non-value-added tasks they’re doing now, writes Brent Meyers, vice president of national sales for Nvoicepay.

The Oregon-based credit union has returned more than $5 million to members since the account was created in 2016.

Mick Mulvaney’s unapologetic memo to staff about the Consumer Financial Protection Bureau’s mission headlined a spate of developments this past week as he continues to transform the agency. Here are the key developments.

During the Northwest Credit Union Association's annual Credit Union Day at the Washington Capitol, lawmakers heard about the positive impact CUs have on consumers.

PayPal has been working to expand Venmo's audience beyond millennials for more than a year, a strategy that it hopes to further with instant transfers.

MoviePass has pulled its participation from 10 AMC movie theaters following disagreement over the theaters’ support of MoviePass’ $9.95 monthly movie subscription model, which uses a Mastercard to guarantee payment through its app.

Kelley Knutson has been promoted to senior executive vice president of Total System Services Inc. and president of Netspend, the company's prepaid debit card unit.