Fintech

It's well known mobile services are a key channel to younger markets, and new research from the Pew Internet & American Life Project only adds support.

New research finds that members of Gen Y are among the most likely to use alternative financial service providers, including convenience stores, check-cashing centers, and short-term lenders.

The Pennsylvania CU Association's annual Youth Ambassador contest has helped hundreds of young adults launch their CU careers, with two participants eventually becoming CEOs and one chairman of the Pennsylvania league.

Three years ago, 23-year-old Mike Williams was literally on the outside looking in when it came to Widget Federal Credit Union. Today, the former window washer is the credit union's director of business development.

Credit unions can serve a broader market and stay true to the principles of the CU movement by applying a little ingenuity, according to Josh Turnbull, director of consulting for Chicago-based Center for Financial Services Innovation

Kiind, a business-to-business rewards startup, is the latest to offer a gift card platform in which senders don't pay for the gift until the recipient uses it.

When Shae Whitney was selling bitters at farmer's markets for a year and a half, she used Square's mobile card reader to accept payments. But when she opened a retail location with her partner in June, she switched to Groupon's iPad-based point of sale system, Breadcrumb.

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DOWNEY, Calif. – Financial Partners CU has agreed to acquire CarePoint FCU, a one-time $69 million Los Alamitos credit union that has seen its assets decline all the way to $42 million.

The U.S. Consumer Financial Protection Bureau said it will police employer usage of payroll cards to ensure workers don’t face hidden fees or other abuses.