Fintech

MADISON, Wis. — An aging credit union membership and the accompanying need to attract younger members is a message oft-heard by CUs in the United States, but the World Council of Credit Unions wants to solve the issue globally.

SAN JOSE, Calif. — Members of Sunnyvale Federal Credit Union voted "overwhelmingly" in favor of merging their institution into Technology Credit Union, Tech CU said Wednesday.

The ATM Industry Association is forming the ATMIA Marketing Committee to share information, help members promote their products and raise the status of marketing in the ATM business.

2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.

New, experimental consumer marketing programs have played a significant role in the way technology has upended the payment business in recent years. And Visa is looking to get in on the action.

Even if arbitration does turn out to be beneficial for many consumers, Americans should not lose their constitutional right to a day in court without being aware that they are doing so.

As he assumes the role of CEO of 'buy local' offers company Buzz Points, Dwayne Spradlin predicts that certain trends in technology and consumer habits will breathe life into a loyalty model that has stagnated in the past.

Earnings at Discover Financial Services plunged by 33% in the fourth quarter, largely due to a charge tied to the firm's mortgage business and a previously announced revision to its flagship credit card program.

Lower gas prices are prompting more card spending on restaurants, hotels and other discretionary categories, according to Richard Davis, U.S. Bancorp's chairman, president and CEO.

For U.S. banks, the days of playing defense with respect to the billions of dollars they collect when consumers swipe their debit cards may finally be over.