Fintech

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.

The first-ever week-long celebration of credit unions in the Nutmeg State is timed to coincide with International Credit Union Day.

Goldman Sachs' newly launched consumer lending website is aimed at some of the very same customers that big banks and marketplace lenders covet, yet there are plenty of questions about its business plan, its ability to manage credit risk and the prospects of online lenders in general.

Credit unions in Maine surpassed $7 billion in assets for the first time ever and reported membership gains even as the state’s population levels off.

The latest Filene study is the first research report to emerge from the "think and do" tank's Center for Consumer Decision Making.

The Futurestep division at Korn Ferry, an organizational advisory firm, said it is establishing a dedicated Credit Union and Community Banking Recruiting practice area.

ATM operators have been down this road before, dealing with Mastercard's rules on EMV transactions occurring with the international Maestro debit cards as far back as 2013. But awareness and experience doesn't automatically translate to preparation.

Heartland Credit Union, Hutchinson, Kan., announced Dan Springer has been selected as its next president and CEO, effective Oct. 10, to succeed Garth Strand who is retiring after a 36-year career with the CU.

As more merchants worry about EMV card slowdowns ahead of the holiday shopping season—when bottlenecks at checkout points could lead to many lost sales—more companies are coming up with their own ways to slash EMV payment times.

For many restaurants that originally put EMV on the back burner because of technical complexities and a lower general risk of counterfeit card fraud, waiting to support chip cards has proven to be the right decision.