Fintech

BROOMFIELD, Colo. — Members of Boulder Municipal Employees Federal Credit Union voted to approve a proposed merger with Community Financial Credit Union, here, to create a CU with more than 18,000 members and $200 million in assets.

Imagine arriving at an international airport and one of the first greetings you get is from your bank, welcoming you to the new country and saying where to find free ATMs.

Amadeus, a payments vendor for travel companies, has integrated UnionPay credit and debit cards into its platform.

Jamie Topolski, the new director of alternative payment strategies for the Output Solutions division of Fiserv, expects that the U.S. migration to EMV will take as many as 10 years to complete.

Members of Minneapolis-based Endura Financial Federal Credit Union voted to approve a proposed merger into Connexus Credit Union effective Oct. 1, creating a CU with assets exceeding $990 million.

Square Cash, a person-to-person payment service Square launched in October 2013, has been redesigned to become more useful as an app-based product.

The Shazam electronic funds transfer network has appointed Paul Waltz as its president and chief operating officer in anticipation of CEO Michael Hollinger's retirement next year.

CPI Card Group, a provider of EMV payment services, has agreed to acquire EFT Source, a provider of personalized ATM products.

Payza, a payment processor and digital wallet provider based in London, has launched an eGift product for customers in the United States.

Getting payment cards operating under a Single Euro Payments Area framework is the next big hurdle facing those seeking a common system in Europe.