Fintech

Amazon.com has set the standard for e-commerce with fast delivery, invisible payments and many other perks that keep consumers coming back to its site. Increasingly, the e-tailer has been experimenting with ways to streamline the payment process outside of the trappings of its website.

We know some credit unions won't much like our story presenting the bankers' arguments on FOM and MBL, but ignoring them would be unwise.

Mobile app photo IDs have had mixed success, but Credntia's betting an overall spike in mobile technology will lead to robust use of its app.

Lawsuits can be costly and time-consuming for all parties, so many plaintiffs’ attorneys are now trying to win quick settlements for their clients by bombarding banks with letters simply threatening them with lawsuits. One plaintiffs’ attorney admits to sending 250 such letters a month.

The $15.7 billion-asset credit union gained 20,000 new members in the six-month period after it shed a $5 minimum-balance requirement on share accounts.

There's been a rapid growth of cross-border payments and remittance startups, and CIBC responded with a major project designed to streamline transactions.

The growth that followed the turnover of Costco's payment cards from American Express has been greater than expected, according to the bank.

The campaign, coordinated by Credit Unions for Kids, aims to raise awareness for credit unions and benefit Children’s Miracle Network hospitals.

Consumer tastes for person-to-person payment apps differ widely from one market to another, and also change rapidly over time.

The CUSO has paid out $465 million in patronage dividends since 1994.