Fintech

Because federal regulations threw a wrench into the debit card industry as it prepared for EMV, merchants will be accepting primarily EMV credit cards when the liability shift hits in exactly three weeks.

St. Cloud Federal Credit Union, a $116-million institution based in St. Cloud, Minn., said it has launched a new "brand package" which features a new logo and the slogan: "bank on a meaningful difference."

The League of Southeastern Credit Unions (LSCU), which represents CUs in Florida and Alabama, is preparing to roll out the latest round of ads in its cooperative image campaign, which has helped boost credit union membership in both states.

Retail ATM provider Cardtronics Inc. has renewed its service agreement with Target Corp. as the exclusive provider of ATMs for the national retailer.

Americans had 314 million credit card accounts during the first three months of the year, the highest number since the fourth quarter of 2008, according to a report released Wednesday.

Paul Waltz is the new CEO of electronic funds transfer network Shazam, replacing the retired Michael Hollinger.

More than a year after CUNA declared that credit unions had surpassed the 100 million-member mark, NCUA today confirmed it, citing that membership at federally insured CUs rose to 101 million members in the quarter ending June 30.

CoVantage Credit Union in Antigo, Wis., has agreed to buy a branch from Baraboo Bancorp.

Great Lakes Credit Union on Wednesday said its Sept. 1 merger with McHenry County Federal Credit Union will result in the larger GLCU picking up two new branches in McHenry County.

CPI Card Group, which makes payment cards for firms including Bank of America and American Express, aims to raise about $300 million in an initial public offering, according to people familiar with the company's plans.