Fintech

The debate over speeding up payments transactions should consider the necessity of allowing consumers time to rethink and abort their purchases.

As drilling has slowed, energy firms have had to lay off workers, many of whom are falling behind on their bills – compounding the troubles of banks already dealing with higher commercial loan delinquencies in the same markets.

Everyone agrees that electronic transactions should be as safe as possible, but a PIN mandate will not prevent online or mobile fraud.

A former Citibank payments specialist has been appointed to the board of Meta Financial Group in Sioux Falls, S.D.

Georgia Credit Union Affiliates and the Association of British Credit Unions Limited announced last week the formation of a mutual learning partnership among credit unions in Georgia and England, Scotland and Wales.

WASHINGTON — Seven financial trade groups announced Monday that they are banding together to push legislation that would extend banklike data security standards to retailers and nonbank businesses.

Though Catholic credit unions face many of the same challenges others do, they also must contend with some concerns that are specific to serving a religious organization, which is what pushed 11 credit unions that all serve Catholic churches to band together.

National Credit Union Administration will host a free webinar next month that examines how credit unions can achieve sustained growth using multi-strategic initiatives.

Green Dot's embattled founder and chief executive, Steve Streit, is expected to be re-elected to the board based on preliminary voting results from its annual meeting, the company announced Monday.

Green Dot Corp.’s longest-serving directors, Timothy Greenleaf and Michael Moritz, resigned from the board hours before they were to stand for re-election as the firm’s largest shareholder wages a proxy fight.