Fintech

CUNA Mutual Group Chief Economist Steve Rick said in the firm’s annual online Discovery Conference that most credit union growth metrics should continue to improve in 2017, though membership growth may begin to slow down.

Mastercard's $924 million buy of VocaLink was the highest value acquisition in the payments industry during the third quarter.

The investment bank will take "a very deliberate and methodical approach" to building its online lending platform, Chief Financial Officer Harvey Schwartz told investors Tuesday, implicitly drawing a contrast to once-highflying startups like Lending Club and Propser.

Regions Financial in Birmingham, Ala., reported a higher third-quarter profit, citing improved fee income from mortgage lending, capital markets and credit and debit cards. It also benefited from some special items and energy-market improvements.

Many startups have taken shots at traditional banking, but few have succeeded. However, there is plenty of promise in this model, according to investor Tim Young.

Businesses and consumers using Ingo Money will be able to pay credit card bills through U.S. MoneyGram locations.

Australia's banks have submitted a formal statement to the Australian Competition and Consumer Commission slamming Apple.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. In today's briefing: Australia's banks and Apple Pay; Thiel doubles down; Brexit weighs on Misys.

Consumers voted with their feet in September, as the embattled bank said Friday that new checking accounts were down by 25% from a year earlier.

In honor of International Credit Union Day, Credit Union Journal offers its annual Day in the Life of Credit Unions project in which CUs are invited to take photos throughout the day on the same day to illustrate the typical—and sometimes not-so-typical—day at a credit union. Because no matter what day it is, credit unions are living out the mission helping to improve the lives of their members and the communities they serve.