Fintech

While credit unions have always catered to a wide variety of employee and community groups, among the most unusual may be the Amish and Mennonites. Credit Union Journal spoke to three institutions in this marketplace to get a better picture of what it's like to work with these largely isolated faith-based communities.

Illinois Educators Credit Union in Springfield has named Jody Dabrowski its chief executive, succeeding the retiring Gene Taylor. Dabrowski was an assistant vice president of risk management at the $668 million-asset Community Choice Credit Union in Farmington Hills, Mich.

PayPal is targeting what it estimates to be a $51 billion global market for small debts owed between friends and family members, enabling consumers to set up their own URL to collect payments.

A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.

Time is running out to submit nominations to Credit Union Journal's 2015 Best Practices Awards program. Submissions are being accepted through Tuesday.

NCUA announced it has approved a charter for Redeemer Federal Credit Union, making it the fourth new federally chartered credit union of 2015.

Fidelity Investments is considering dropping American Express and Bank of America to find new partners and better terms for one of the top-rated cash-back credit cards in the U.S., according to people with knowledge of the matter.

The Debit Network Alliance last week officially launched its shared application identifier (AID) for EMV debit routing, but merchants likely won't be in any rush to implement the technology despite the fast-approaching Oct. 1 liability shift.

MADISON, Wis. — CUNA on Wednesday announced the four recipients of the 2015 Community Credit Union of the Year Award.

Electronic multi-card device maker Coin has added technology to enable contactless payments at some retail locations.