Fintech

A dozen global transaction banks are now using the Society for Worldwide Interbank Financial Telecommunication's new global payments initiative service to improve cross-border payment delivery.

Long Island-based CU celebrating 50th anniversary and hitting the $1 billion-asset mark this year.

The payments technology revolution of the past few years has given consumers myriad new ways to shop across different channels. Business payments have not enjoyed the same level of attention.

Zimbabwe’s central bank said it is “illogical” and undermining efforts to stem a cash shortage that the country is spending more on satellite television subscriptions than on imports of the raw materials needed to produce cooking oil.

The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources, such as rent or utility payments, that would allow lenders to build a credit history for unbanked consumers.

An inside look at growth strategies from some of the top 10 CUs for potential membership growth.

Samsung Pay still rules the mobile wallet roost in its home base of South Korea, but Apple Pay and Android Pay could invade the market soon, new reports suggest.

Michigan-based credit union returns more than 50% of 2016 net earnings, $6 million awarded since 2013.

The growing number of Chinese consumers traveling to the U.S. and other countries is becoming a two-for-one opportunity for payment companies. The market's gigantic and growing — and it has a lot of trouble executing transactions.

PayPal has agreed to acquire TIO Networks, a Canadian company that sells software that powers bill payment processing, particularly for underbanked consumers.