Fintech

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.

When it comes to the speed of payments, consumers used to be satisfied with just real-time confirmation of a person-to-person (P2P) transaction and the promise that funds were on their way. This isn’t necessarily the case anymore, and the social implications associated with payments are driving the shift in demand.

Coin-counting machines came into vogue in the 1990s when Commerce Bank started installing "Penny Arcades" in its branches throughout New Jersey. They were a huge hit for a while, but banks have soured on the machines in recent years as usage declined and maintenance costs increased.