Fintech

NASHVILLE — The merger between Kentucky Corporate FCU and Volunteer Corporate CU moved a step closer to completion with NCUA approving the deal earlier this month in a closed meeting.

Green Dot has hired former American Express executive Thien Truong as senior vice president of business development and sales.

Walmart is testing a program that uses its mobile app, website and tracking technology to give back to customers who paid too much for something at the Bentonville, Ark.-based retailer.

SpendSmart Payments Co. is changing its name to SpendSmart Networks. This is the fourth time the prepaid provider has rebranded in five years.

KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, led a $3.5 billion private placement for First Data Corp. to help the payment processor it acquired in 2007 repay debt and strengthen its balance sheet.

Allpoint, the global surcharge-free ATM network operated by Cardtronics, will begin to accept check and cash deposits at more than 2,500 U.S. locations by the end of 2014.

An issuer's decision to deploy EMV chip-and-signature credit cards in the U.S., rather than the chip-and-PIN model common in other countries, has as much to do with technology constraints as it does with Americans' reluctance to using a PIN.

Four credit unions – two in Connecticut and two in Nebraska – announced Monday they are merging

Television financial advisor Suze Orman's prepaid debit card will be discontinued, according to a report in The New York Times.

Corporate payment provider WEX has entered into an agreement to acquire Evolution1 for $532.5 million in cash.