Fintech

MADISON, Wis. — There are plenty of credit unions out there that want to test out new and innovative products, but many of them are already stretched so thin that they're unable to do that.

Chemical CU in Clinton, Iowa, has agreed to merge with DuTrac Community CU in Dubuque, Iowa.

JPMorgan Chase said it's on track to eliminate 3,000 more jobs this year than previously forecast in its mortgage and credit card divisions.

Piedmont Advantage CU is set to absorb tiny Hanover FCU, a $6.7 million CU with just one branch.

HONOLULU — How appropriate that "aloha" means both "hello" and "goodbye," as $23 million Aloha Federal Credit Union is saying both its farewells and greetings.

ONTARIO, Calif. — The California and Nevada Credit Union Leagues said their member credit unions can modernize their training thanks to a new online educational program known as All Star Training.

Northwest Community CU in Springfield, Ore., has completed its previously announced acquisition of Fred Meyer Employees FCU in Portland, Ore.

Ingo Money, which specializes in digitizing check payments, has entered an agreement to buy Salt Lake City-based Fuze Network, which handles cash loads for credit, debit and prepaid accounts.

Starbucks Corp., which now handles 16% of its U.S. sales through its mobile app, revealed today just how dominant its position has become even as it plots new features such as preordering.

Retail ATM operator Cardtronics Inc. is testing a system that takes location-based offers, which are typically linked to a card account or a mobile app, and makes them available to consumers who may prefer to pay with cash.