Fintech

Loyalty programs have long relied on the point of sale interaction to inform consumers of their rewards and discounts, but the rise of mobile is changing consumers' expectations.

BURNSVILLE, Minn. — US Federal Credit Union Wednesday announced it has surpassed $1 billion in assets.

Discover Financial Services reported a 7% drop in quarterly earnings on Tuesday, driven by rising expenses, a growing loss provision and shrinking yields in its flagship credit card business.

SEATAC, Wash., and TIGARD, Ore. — The Northwest Credit Union Association on Tuesday said it has unveiled a "new online dating website" for its CUs.

Even with the card networks' U.S. EMV migration deadline half a year away, basic knowledge of EMV technology is still poor. Fime is addressing this concern by offering its expertise to American issuers such as credit unions and community banks, which may need additional knowledge but are reluctant to outsource their entire EMV project.

Google Wallet is making a significant change in how it handles funds, in the latest of a series of moves that gives Google a stronger footing against Apple Pay's rising tide.

Costco Wholesale Corp. has attained a goal that retailers have sought for years: near-zero expenses for credit-card payments.

State Employees' CU has developed a pool of future executives and CEOs through a process its current chief executive calls "horizontal diversification."

The days where an employee could progress from the teller line to the corner office are largely gone, and as more and more baby boomers leave the job market, many top-level positions at credit unions are being filled by what might have once seemed unthinkable: former bankers.

First-quarter results from U.S. Bancorp and PNC Financial Services Group shows banks have little choice but to wait until the Fed raises interest rates. They have cut expenses almost as far as they can go, and fee income is limited in how much it can offset narrower spread income.