Fintech

The card brand is navigating almost daily changes in the payments industry, resulting from company mergers and partnerships to advancing payments delivery and security.

San Diego-based CU is the first new owner of the CUSO in 2018.

The Montana-based credit union said its latest dividend outperformed the national average return on savings accounts by five times.

The fintech revolution is now touching almost every market in the payments space. Some are still further ahead than others, so expect 2018 to be a year of consolidation in more mature sectors, but one of rapid change in those with some catching up to do, writes David Yohe, vice president of marketing at BillingTree.

Thomas O’Brien made a series of aggressive cuts at Sun Bancorp in New Jersey before orchestrating its sale to OceanFirst.

When Kenneth Chenault, chief executive officer of American Express Co., steps down Thursday, the number of African-American CEOs in the Fortune 500 will drop to three, a 50% decline in the past two years.

In many instances, mass transit systems have proven to be catalysts for adoption of new payment technology, starting with the genesis of contactless cards for access to buses and trains in Hong Kong and Japan in the late 1990s.

The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31.

The $323 million credit union's giveback was comprised of two parts: a 50 percent rebate on loan interest, as well as a bonus dividend on savings accounts.

Handle Financial’s online bill-payment service Prism has turned on a new feature enabling consumers to pay bills in real time from any of 11,000 U.S. billers via credit or debit cards, even when those options aren’t directly supported by the biller.