Fintech

JPMorgan Chase & Co.’s contract to provide debit cards to inmates released from federal prison may have backfired after a former convict raised a ruckus.

Meridian Trust Federal Credit Union in Cheyenne, Wyo., will migrate to EASE, an outsourced delivery model of the Symitar Episys core platform.

The Oak Ridge, Tenn.-based credit union is celebrating reaching the $1 billion asset mark.

The mega-banks behind Early Warning's clearXchange network provided a huge base to push the speedy processing necessary for digital payments—but even the biggest banks don't blanket the country as well as Visa and Mastercard.

SoCal merger broadens footprint, creates institution with more than $700 million in assets.

Wells Fargo's embrace of Near Field Communication technology is rapidly approaching at least one milestone — a customer experience that does not require a card to use an ATM or pay in a store.

The decision by third-largest CU marks the second high-profile reaffiliation this year.

Peach State Federal Credit Union in Lawrenceville, Ga., has acquired RCT Federal Credit Union in Augusta, Ga.

Banco do Brasil, the largest bank by assets in South America, wants to make more of a name for itself in the United States. It expects a new online banking platform to help draw mainstream consumers, and says an expansion from South Florida into the Northeast is likely.

Credit unions continue to make positive gains despite larger economic figures failing to live up to expectations, according to data released today by CUNA Mutual Group and the U.S. Commerce Department.