Fintech

The partnership between the two groups aims to raise awareness and provide additional support for WOCCU’s global work.

The Federal Reserve and Federal Trade Commission investigated Visa for debit practices, a move that enhances competition in the marketplace for merchants.

Alaska USA Insurance Brokers in Anchorage has agreed to sell its commercial insurance and employee benefits books of business to Acrisure in Caledonia, Mich.

The Consumer Financial Protection Bureau is facing renewed pressure by consumer groups and think tanks to move forward with a plan that would rein in overdraft programs, but that product has been a boon to credit union revenue streams in recent years.

Sydney-based Octet Finance, a provider of supply chain management and financing tools for small and midsize businesses, has formed an alliance with Mastercard enabling users to make cross-border payments using their existing Mastercard credit and debit card accounts via virtual card technology.

Lloyds Banking Group Plc agreed to buy Bank of America Corp.’s MBNA credit-card business in the U.K. for 1.9 billion pounds ($2.4 billion) in cash, marking its first major deal since being rescued by British taxpayers eight years ago.

Lloyds Banking Group Plc agreed to buy Bank of America Corp.'s MBNA credit-card business in the U.K. for 1.9 billion pounds ($2.4 billion) in cash, marking its first major deal since being rescued by British taxpayers eight years ago.

Alipay's fast growth is partly attributed to the huge size of the Chinese market, but it also deploys strategies that can serve as an example for mobile wallets in other parts of the world.

As long as there has been mobile commerce, there have been calls for different stakeholders to share competitive turf in the name of universal acceptance.

The $741 million-asset credit union’s partnership with Milk Money has raised nearly $75,000 for small Vermont businesses.