Fintech

Mobile wallet providers are trying lots of strategies to widen the audience for mobile payments, including increasing transaction size and, in suretap's case, adding support for prepaid cards to attract younger consumers.

Centurion FCU is set to merge with Crane FCU here, doing business as Centurion, A Branch of Crane Credit Union.

The rest of the credit card industry continues to be dogged by slow loan growth, but retail-branded cards are bouncing back, thanks largely to a big push by merchants.

Consumers CU here is set to absorb Palatine, Ill.-based Premier CU, creating an institution with nearly $870 million in assets spanning from northern Cook County, Ill. to the Wisconsin border in Lake County.

The federal regulator released its quarterly report showing which states are experiencing the fastest and slowest growth in a number of key areas from loans to deposits and more.

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.