Fintech

The U.S. shift to EMV — once considered as viable as the U.S. shift to the metric system — is well underway. Here are some of the latest signs of progress, as well as some of the biggest pain points.

Card-not-present fraud is creating "silent revenue killers" for card issuers because many consumers will close their accounts after dealing with fraud from shopping online, new research indicates.

One of the biggest problems American travelers faced when chip cards became mainstream in Europe was buying tickets at self-serve kiosks in train stations. With no ticket attendant, travelers risked becoming stranded because their mag stripe cards weren't recognized.

The program is a 24-month curriculum designed to generate groundbreaking new ideas and position participants to carry the torch for growth and innovation in the credit union market, Filene announced Monday.

The demise of the plastic Google Wallet card may be bad news for Google and anyone who keeps a balance with its digital wallet, but Amex and Simple both see something familiar, and attractive, in the card's audience.

San Francisco has an Office of Financial Empowerment that oversees all sorts of programs designed to help residents handle their money better and recruits banks and credit unions to participate. As other cities adopt a similar approach, more financial institutions have an opportunity to get involved.

Clinton Township, Mich. -- Central Macomb Community Credit Union, Clinton Township, Mich., will change its name to FreeStar Financial Credit Union, effective April 4, in order to “better align” with its new field of membership (FOM), which now encompasses ten counties in Southeast Michigan and all military members throughout the state of Michigan.

When Starbucks’ new loyalty program rules go into effect this month, it will set the stage for a wave of new payments innovations with intriguing benefits for the coffee giant and its payments processing partner, JPMorgan Chase.

University of Virginia Community Credit Union in Charlottesville, Va., has completed its merger with Northern Piedmont Federal Credit Union in Warrenton, Va.

Even if people don’t fall for Community Choice CU’s April Fool’s Day prank, the CU hopes to show consumers that if they’re banking with a bank instead of a credit union, they’ve already been fooled.