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A new credit union service organization uses Prizeout's technology to incentivize members to buy gift cards from local stores.
February 21
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If the industry's largest players reported more payment information to the credit bureaus, many consumers would qualify for better offers from competitors, the Consumer Financial Protection Bureau said. It's the latest example of the bureau's increased scrutiny of credit card companies.
February 21
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To speed up customers' access to new and replacement cards, the Virginia-based bank created a process to provide a digital card number via the web or its mobile app.
February 17
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Federal Home Loan Bank of Chicago has a new CFO, while Visa's CFO plans for retirement. These stories and more in banking news this week.
February 17
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The Clearing House has operated its RTP network for about six years, and the FedNow rail is expected to launch later this year. Here's a look at the nuts and bolts of instant money movement, and how the two systems are different.
February 17
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About 3% of borrowers in their 20s and 30s became seriously delinquent on their credit card payments last quarter, significantly faster than older consumers. The picture was similar in auto lending, according to research by the Federal Reserve Bank of New York.
February 16
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The prepaid card issuer is working with the electronic billing company Paymentus to appeal to consumers who want to make digital payments without opening a mainstream bank account.
February 16
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Early Warning Services said it made significant traction in signing up smaller participants in 2022, as 70% of the 500 financial institutions that went live on Zelle's peer-to-peer network last year have less than $1 billion of assets.
February 16
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A community bank in Missouri plans to offer fractional stock rewards later this year, while a small bank in Utah is winding down a similar program.
February 15
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United Arab Emirates plans to launch a central bank digital currency this year; Adyen adds travel payment cards; and more.
February 15
