Fintech

Sen. Dick Durbin, D-Ill., wrote to Visa on Tuesday to denounce an alleged new fee assessed by the company on credit and debit card issuers that see their business shift to a competing card network.

Global trade protectionism in other countries increasingly poses an obstacle to keep the market for payments networks competitive.

Taking a page from the age-old adage of "if you can't beat 'em, join 'em," credit unions are ramping up efforts to partner with fintech companies.

Her prepaid card may have been short-lived, but superstar Kim Kardashian West still has opinions about payments.

The Electronic Payments Coalition's arguments supporting Visa in its legal battle with Walmart are not based in fact.

Credit quality has improved across the industry over the past few years, but don't expect that trend to continue because of several economic forces, big-bank CEOs said Thursday.

In an effort to attract college-age members for possible future employment, East Lansing, Mich.-based MSU Federal Credit Union welcomed 24 interns to its inaugural Financial Innovation and Education Center.

The prepaid card issuer issued conflicting statements in recent weeks as customers complained that they were unable to access their funds.

The low-interest-rate environment, combined with years of dire NCUA warnings about staying away from long-term investments, has left credit unions wondering exactly how they are expected to generate income. Credit Union Journal asked attendees of the CUNA CFO Council Conference in Anaheim, Calif., how they deal with this quandary.

Georgia United Credit Union announced it has reached a key business growth milestone, surpassing the $1-billion mark in total assets.