Fintech

Citigroup’s struggles with collections on certain types of retail credit card accounts have persisted in the third quarter, but it hopes to contain chargeoffs.

The gig or sharing economy has transformed and disrupted the global workforce. It has redefined what we should expect from our payments, writes Ralph Perdomo, a research analyst and writer at Nvoicepay.

Spanish-speaking consumers have long been touted as one of the biggest potential growth markets for credit unions, and a demographic that needs better access to safe and affordable banking services.

The person-to-person payment service, the big banks’ answer to Venmo, is scheduled to launch a stand-alone app next week.

Petal is using machine learning in its new card program to make the most of the scant financial data available from young consumers.

Fifth Third's Melissa Stevens targets millennials with new app. Meanwhile, regulators are accused of ignoring millennials. Plus, a Goldman Sachs wealth manager sues for discrimination.

The partnership -- the first of its kind for either organization -- is expected to bring new opportunities to First Tech members and the surrounding community

Efforts to cut down on paper checks are one of the most significant factors driving the growth of prepaid cards that are used to pay employees.

The institution launched the PayQwig digital wallet in 2015 and made the mobile app available earlier this year to link a mobile wallet to Tesco shoppers' Clubcard to earn points each time it was used.

As the next step of Nacha's faster payments initiative nears, technology and management adjustments may be required to handle increased overdraft risk.