Fintech

A full changeout of AML and KYC rules would stress compliance. Working to improve current practices would be better for the financial services and payments industries.

Tiny HECU had just 55 members, $170,000 in assets.

The California company will lease space on three floors of the building, while keeping a branch at the location.

Unlike most credit union conferences, if you’re under 40, you were too young to “crash” the Louisiana CU League’s annual meeting.

Samsung Pay will join the online payment options for Visa Checkout users through a new partnership between the South Korean company and U.S.-based Visa, underscoring the fluidity of mobile wallets.

Wells Fargo & Co. is expanding its ExpressSend remittance payout network in India to include Axis Bank and, beginning next month, expanding a free-transfer promotion previously available only for those sending at least $500.

Consumers are increasingly positive about loyalty programs, mobile ads, chatbots and making a purchase from a smartphone, despite an early resistance to changing their payment habits when mobile wallets debuted years ago.

Business still use lots of checks for payments. That may have worked in the past, but it likely won't work in an increasingly digital future.

Mid Penn agreed to pay $59 million for Scottdale Bank in a deal that is expected to close in the third quarter.

The New Jersey company added a representative of Blue Harbour Group in Connecticut to its board.