Fintech

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including how postal banking could help low-income people in the U.S. and the continuing debate over interchange fees.

The payments industry's next big challenge may be to get out of its own way and allow innovation to unfold in an open and collaborative manner.

The Faster Payments System in the U.K. and the New Payments Platform in Australia serve as excellent models to emulate, but it is not likely that the U.S. can create similar systems.

CUES has selected the five finalists in its 2015 Next Top Credit Union Exec Challenge.

The National Federation of Community Development Credit Unions, announced Bank of America has made a $10 million investment in the Federation's Community Development Investment Program.

The National Association of Convenience Stores’ latest column on debit-card interchange fees is the most recent in the organization’s years-long effort to obtain government-mandated price controls. But such controls would only increase large retailers’ profits.

Jim Nussle is celebrating his first anniversary as the head of CUNA by announcing a host of new initiatives including a dues reduction and non-voting membership classes for industry stakeholders such as vendors who serve credit unions. The announcement comes days after the trade group's board largely rejected changes recommended by its restructuring task force.

It's time for the Fed to stop giving deference to the banking industry and correct the industry's swipe fee increases on small-ticket transactions.

Small to medium sized businesses are often cast as unprepared for the card network's October deadline for EMV-chip card migration. But how bad can it really be?

Area credit unions say they are optimistic the new wage won’t hurt them too badly.