Fintech

RIVERSIDE, Calif. – Altura Credit Union on Thursday reported net income of $5.95 million on total assets of nearly $1.2 billion as of Dec. 31.

Developers will now be able to access much of Visa's technology and services as the card network looks for ways to meet the demands of consumers increasingly relying on connected devices to transact.

According to Miriam De Dios, CEO of Coopera, the growing Hispanic segment of Iowa's population often does not have access to responsible and affordable financial products and services.

For the first time in its nearly 60-year history, Visa is inviting third-party software developers onto its network with the goal of advancing digital commerce.

Community Choice Credit Union in Farmington Hills, Mich., has given about $1.8 million to its members through a rewards program.

For many e-commerce merchants, the migration to EMV-chip card security at the point of sale — and the expected shift of fraud to the Web — is akin to a message in a bottle that hasn't washed ashore. Too many simply don't know about it.

Michigan State University Federal Credit Union in East Lansing, Mich., has reached $3 billion in assets.

Russian billionaire Oleg Boyko’s private- equity company bought a stake in Germany’s Spotcap as the online lender backed by Rocket Internet SE secured its biggest financing to date.

As promised back in December, the CUNA board has revisited its bylaws — including the requirement that credit unions belong to both the national association and their respective state leagues — and is sending the amended bylaws to a membership vote.

Pentagon Federal Credit Union in Alexandria, Va., has merged with Fort Gordon and Community Credit Union in Augusta, Ga.