Fintech

Lending rose by more than 9 percent during the first half of the year and membership hit a new record.

With Apple’s WWDC, Zelle, PayPal’s Venmo and Square Cash, competition in the consumer payments space is about to kick into high gear, writes Josh Hawkins, vice president of marketing for the Boston-based digital payments company Circle.

It’s not a question of "if" mobile contactless and camera-based payments will become the norm – it’s a matter of "when," writes Julian Wallis, East Kilbride, U.K.-based sales director in the payments group at Rambus.

Payments services provider INTL FCStone is offering a real-time exchange rate feed for its corporate customers to better calculate the cost of cross-border payments.

For 70 years, the CU has served the communities of southeast Pennsylvania and southern New Jersey.

Business First will raise $66 million through a stock placement to help fund the deal.

Facing persistently low loan yields, increased competition and higher regulatory costs, many community banks are at risk of becoming irrelevant unless they rethink their business models.

Rhode Island’s oldest CU is adding branches in the southern part of state, including purchasing former bank branches.

Cloud technology has made it possible to leverage APIs so that two pieces of software talk to each other and stay updated in real time, which dramatically improves the user experience, writes Sanjeev Kriplani, senior vice president of product at Bill.com.

ADP has purchased Global Cash Card, provider of electronic payments services, to consolidate operations in the payroll card industry.