Fintech

Rising losses and chargeoffs at JPMorgan Chase and Citigroup could be an indication of future trouble at other banks. Still, executives are bullish on cards and argue that the loss rates are logical consequences of rate hikes and attempts to expand card business.

Bob Ramsey, who had worked for FBR Capital Markets for more than a decade, will handle investor relations and strategic planning at Customers.

The Montana-based credit union has returned earnings to members each year for the last 20 years.

Mike Kennedy is OFX's new president for North America, providing more local digital payment experience for the Australian-based international transfer company.

Now in its sixth year, the annual event is being marked by credit unions in at least 18 states.

Connecticut-based CU surpasses 50,000 members just months after hitting $500 million in assets.

Using an automated solution to process virtual card payments is the first step in overcoming the challenges of this payment technology, writes Ed Jordan, CFO of Billtrust.

Discover joined Apple Pay nearly a year after the mobile wallet came to market, so it has some catching up to do if it wants to be the top-of-wallet choice. Its new in-app rewards feature may give it the visibility it needs.

While social media is helping get younger members in the door, observers say credit unions won't get far without the right mix of products and services for millennials.

Automated payments, IVR and emerging innovation are necessary to jolt payment performance, writes David Yohe, vice president of marketing at BillingTree.