Fintech

Partner Colorado CU and others tell CUNA/World Council Conference that legal marijuana industry is underserved market with lots of opportunity for growth.

No matter what nation they're from or what language they speak, credit unions around the globe have more in common than they do in contrast.

A look at some of the happenings in the Mile High City this week.

Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.

Credit Unions can no longer just send checks to their trade associations and state leagues and call it a day.

Prepaid card issuer Green Dot Corp. has launched a unit called Green Dot Shanghai Software Technology Co. in Shanghai, China.

Corporate Central CU here has launched InterLutions LLC, a CUSO focusing on business solutions for the credit union community, starting with health care services.

First Data has acquired a San Diego-based digital card distribution firm called Transaction Wireless Inc. (TWI), a company which, paired with First Data's 2014 purchase of Gyft, rounds out the company's gift card strategy.

Synchrony Financial in Stamford, Conn., has agreed to issue private-label cards on behalf of Newegg, an online retailer of consumer electronics.

Members of $175 million Air Line Pilots Association FCU, voted to merge into $1 billion Connexus Credit Union. The deal was effective July 8.