Fintech

The credit union has returned a share of its profits to members each year since 1980.

Clarity Money, an artificial intelligence-driven payment concierge, launched on Wednesday, a move its founders hope will provide consumers with an advanced financial health tool.

Christopher Credit Union in Chesaning, Mich., merged on Jan. 1 with United FCU of Saginaw following a November vote by CCU's membership that garnered 100% approval.

China isn't living up to promises to open its card market, a shortcoming the incoming Trump administration should remember when forging trade policies.

The acquisition is one of several mergers PenFed has made in the last year.

The credit union has returned more than $50 million in "Relationship Rewards" to members since the program was put in place in 2013.

Engage Financial Technology, a provider of prepaid card programs for banks, healthcare providers, retailers and other organizations, has partnered with software provider Ensenta for a cloud-based approach to loading funds to prepaid cards.

The $3.4 million dividend was the biggest payout in the credit union's history.

Capital One Financial in McLean, Va., is facing regulatory delays in its bid to buy a credit card business from the outdoor equipment chain Cabela's.

Bank Hapoalim Ltd.’s credit-card unit may be valued at about $1 billion as the lender prepares to divest the business to comply with new Israeli regulations, according to people with knowledge of the matter.