Fintech

A new tool developed by the federal government may put the brakes on certain counterfeit card scams during the holidays, if law enforcement agencies can replicate the results of an initial test.

More and more for-profit banks are getting CDFI status, with many viewing it as a way to better position themselves within the markets they serve.

Effective August 16, the agency became known as Summit Insurance, a division of TCU Insurance Agency LLC.

The one thing payment terminal hardware makers should have been sure of this year was relatively strong demand from merchants finally upgrading to EMV-compatible equipment after the slow start last year to the U.S. chip-card migration. But that's not how it's turning out.

The Credit Union National Association on Wednesday released the 2016-2017 CUNA Staff Salary Report, which the trade group says provides "exhaustive" data on compensation trends for credit unions across the country.

Following a 96% affirmative vote from its membership, Ecolab Credit Union will merge into SPIRE Credit Union on October 1.

The National Credit Union Foundation is calling for funds to support season six of Biz Kid$, a credit union-funded national public television series.

The National Credit Union Administration released second quarter Call Report data for 2016 showing signs of significant growth for the industry, but not all CUs are riding the wave.

"Smart Connection" aims to boost financial literacy in consumers between the ages of 18 and 25.

Moldovan CU representatives recently visited with colleagues in Idaho as part of an exchange program facilitated by the World Council of Credit Unions.