Fintech

Prepaid cards are never far from politics and controversy, though the industry's distance from government scrutiny will likely increase in January when Donald Trump assumes the presidency and a new Congress is sworn in.

In this environment, the millennials who have largely chosen credit card alternatives such as P-to-P apps and social payment tools will have an easier time getting credit cards, potentially giving banks an added tool to compete with apps like Venmo.

By collaborating with consumers' favorite products or retailers, loyalty programs can get an extra punch.

SouthCrest Financial Group in Woodstock, Ga., has agreed to sell its only Alabama branches to Guardian Credit Union in Montgomery, Ala.

Zopa is moving away from its longtime status of being a non-bank to apply for a banking license through the Prudential Regulation Authority and the Financial Conduct Authority.

Merchants may have gained an edge in their dispute with Visa over how EMV debit transaction routing is handled at the point of sale.

Partnering with the District of Columbia's summer youth employment program, DGE FCU boosted young membership to the point where 12% of members are under age 24.

As a payments industry professional, Reetika Grewal took the situation in stride, but her experience using mobile wallets and EMV exemplifies an issue many consumers are facing.

The purchase is expected to nearly double the credit union’ s monthly mortgage volume.

The crisis sparked by the shortage of cash in India following Prime Minister Narendra Modi’s anti-graft measure to ban high-value currency bills has hit the movement of goods in Asia’s third-largest economy.