Fintech

Avadian Credit Union in Birmingham, Ala., has agreed to buy American Bank of Huntsville in Alabama.

First Data Corp. selected Citigroup Inc., Morgan Stanley and Bank of America Corp. to manage its initial public offering planned for this year.

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

The Mountain West Credit Union Foundation in Denver has consolidated several programs into a single center for leadership development.

Credit Unions for Kids is inviting CUs across the United States to participate in Shop for Miracles, a one-day CU4Kids program that will raise funds for local Children's Miracle Network Hospitals on Thursday, Oct. 15.

General purpose reloadable prepaid cards continue to evolve, exceeding the expectations of many, and in some ways are helping to shape the future of banking.

More financial services companies are landing on MaRS, a corner of Toronto where developers are building new uses for smartphones, wearables and alternative currencies all under the same roof.

While banks have been backing away from branching, a recent study by SNL Financial that credit unions have been adding more new branches the last couple of years.

As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe.

OSHKOSH, Wis. — The credit union that once merged three successful institutions into one continues to grow, with Verve, A Credit Union, announcing a completion date for its merger with Community CU of La Crosse.