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American Express rules barring businesses from asking customers to use lower-cost credit cards violate U.S. antitrust law, a federal judge found.
February 19 -
Pay.gov, the federal government's web portal for collecting payments to federal agencies, is now offering PayPal and Dwolla as payment options.
February 18 -
DOTHAN, Ga. Five Star Credit Union, a $318-million institution here, and Farmers State Bank, a $47-million entity headquartered in Lumpkin, Ga., jointly announced that they signed an agreement under which FSCU will purchase substantially all of the assets and assume deposits and other liabilities of FSB.
February 18 -
Vladimir Drinkman, a Muscovite charged in the biggest data-breach prosecution in U.S. history, pleaded not guilty to federal charges that he conspired to steal 160 million credit card numbers.
February 18 -
Decisions about when and how to implement EMV technology in credit and debit cards are difficult. Many banks have decided to slowly phase it in, despite the fact the delay will open them up to greater potential liability.
February 18
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MADISON, Wis. Summit Credit Union and Educational Employees Credit Union (EECU) announced that they will merge the two institutions in a transaction expected to close this summer.
February 17 -
For over a third of millennials, first comes home then comes marriage, according to a recent study.
February 17 -
Branch closings draw big headlines, but several large banks are entering new markets or bulking up in underrepresented cities by adding branches and hiring lenders. Bank of America, for instance, is planning a retail push in Denver and Minneapolis.
February 13 -
ALBUQUERQU New Mexico Educators Federal Credit Union unveiled its new name Nusenda Credit Union which it said represents the organization's "diverse membership and evolved banking experience."
February 13
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American Express will certainly suffer when its 16-year cobranding deal with Costco ends in 2016, but its executives will spend the next year building up the card brand's digital payment products to create enough opportunities to ease the company's short-term pain and guarantee its long-term health.
February 12
