Fintech

By a vote of more than 90%, the trade association's members supported a bylaws change that did away with obligating CUs to belong to both the national group and their respective leagues.

In a move that counters Sweden's reputation as a country that encourages its citizens to not use cash in the payments network, The National Bank of Sweden is asking regulators to make access to cash a legal right.

As one of the most antagonistic lobbying battles in Washington escalates -- where financial institutions like JPMorgan Chase and Visa are sparring with companies such as Walmart over credit card swipe fees -- a powerful ally is again sticking up for the retailers.

Meridian Trust Federal Credit Union announced that it has received approval to merge with Panhandle Co-Op Federal Credit Union.

Uber is starting a pilot program on Thursday in San Francisco for its service, called Instant Pay. Drivers in the program sign up for a bank account with Green Dot Corp.'s GoBank, which usually costs $8.95 a month but is free if drivers make a deposit at least once every six months.

Wings Financial Credit Union has scored a deal with Minneapolis-St. Paul International Airport to take over the airport's U.S. Bank branch.

Thames Card Technology Ltd. is providing the plastic payment card production for startup "challenger bank" Mondo in the U.K. to test a debit card paired with a mobile banking app.

The real-time, person-to-person payments service launched last week by U.S. Bank and Bank of America with clearXchange will service as a litmus test for whether, and how much, consumers are willing to pay for quick money transfers.

Republicans currently hold a 54 — 46 advantage over Democrats in the Senate, making the GOP grip on the Senate precarious at best. With the election a little less than eight months away, Republicans also have more vulnerable seats up for reelection, leaving many analysts speculating the Democrats will retake the chamber. Here are the races credit unions need to watch.