Fintech

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.

More than two-thirds of all U.S.-issued MasterCard consumer credit cards are now chip-enabled and the number of merchants accepting EMV transactions continues to climb, MasterCard said March 31.

While many CUs avoid the product that some consumer advocates deem predatory, the CUs that do offer them say it's a service members want and need and can be done in consumer-friendly way.

There's a certain type of payment that's prone to fraud because the payer doesn't always know when a transaction is made, or even when the relationship starts.

Belvoir Federal Credit Union in Woodbridge, Va., will be merged into Pentagon Federal Credit Union, the largest merger in PenFed's history.