Fintech

The pervasiveness of consumers' credit problems highlights why the Consumer Financial Protection Bureau's upcoming short-term lending rules should avoid unintended consequences.

If he's worried about fintech upstarts or bitcoin offering a high-tech alternative to Western Union's bread-and-butter business of money transfer, Chief Information Officer David Thompson doesn't let on.

While Walmart's lawsuit against Visa this week centers on authorization and routing methods, the Debit Network Alliance LLC — a group of independent debit networks — is also taking issue with EMV routing in addressing how terminal software is handling the choices presented to consumers.

SF Municipal Railway EFCU members approve deal with UNIFY by ‘overwhelming majority vote.’

The number of credit union charters is decreasing at a rate of about one every business day — mostly small CUs that are being merged out of existence. But some experts suggest there a number of tools these institutions should be using to not only survive, but thrive.

Citigroup is testing Bluetooth beacon technology in a pilot that gives customers cardless access to branch ATMs after business hours, among other services.

Walmart and Visa have had a long and volatile relationship, and the retailer's latest lawsuit against the global card brand gives voice to a struggle that many other companies are too small to fight.

MADISON, Wis. – The National Credit Union Foundation announced that nominations for the 2017 Herb Wegner Memorial Awards are now open.

Community Development Financial Institutions (CDFIs), along with community development practitioners and the general public, are invited to comment on a proposed FY 2016 CDFI Prize Competition, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) said in a news release Wednesday.

In the latest salvo in a long-running feud over the costs of processing payments, Wal-Mart Stores Inc. sued Visa Inc.’s U.S. unit on Tuesday, saying the company wants the retailer to use a less-secure method for verifying debit cards in order to route transactions through its own networks to boost profits.