Fintech

SAN FRANCISCO — As credit union leaders from across the U.S. flock here for CUNA's America's Credit Union Conference this week, they will find most San Francisco Bay Area CU executives with big smiles on their faces.

MORA, Minn. — Members of Greater Minnesota CU here have approved a merger with SPIRE CU, which will be the continuing credit union.

U.S. consumers, whose use of revolving debt fell by more than 15% once the Great Recession hit, are finally re-embracing the credit card.

The ATM maker Diebold is buying encryption technology company Cryptera to enhance its portfolio in automated teller machine security.

CUNA and the state leagues have launched a new website to mark U.S. credit unions' march toward 100 million members.

TRAVERSE CITY, Mich. — Members Credit Union here and Bay Winds FCU plan to merge.

Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.

First Data is under pressure on a several fronts. While tasked with easing its debt, the Atlanta-based processor is also responding to the many disruptions brought by mobile technology and other innovations.

When people pay to use transportation, they're generating substantial data that's not being used to its full potential, says Phil Silver, director of business development for Urban Insights.

Philip W. Tomlinson, CEO of Total Systems Services (TSYS), will retire on July 31. He will be succeeded by M. Troy Woods, the company's president and COO.