A trio of credit unions share how they're changing their branching footprint, from coffee shop chic to no-frills virtual branches.

The rise of mobile payments has had only a narrow impact on the use of cash, according to a new report from the ATM Industry Association and business strategy consulting firm Tremont Capital Group.

Bank of Hawaii in Honolulu has hired Sheh Bertram as chief information officer.

Indictments are still pending in the case of an alleged Bitcoin money laundering scheme involving a tiny low-income credit union in New Jersey.

Banks are making a big push to court retailers with large stacks of cash, including fast-food chains, gas stations and big-box stores. Regional banks, in particular, are expanding their "smart safe" business — a niche treasury product that retailers use to sort and remotely deposit dollar bills.

The end of the swipe-and-sign era is right around the corner, and merchants such as bars and restaurants could face major risk as of October if they haven't migrated their point of sale systems to accept EMV.

Rather than compete head-on with Square, Intuit is crafting a strategy of providing software that complements Square's offerings for merchants that have more complex needs.

Canadian payments company DirectCash Payments has unveiled a new payment-capable wristband.

Information technology firm Infosys and digital payments company Payveris have partnered on a new service for bill payment and money management for credit union and community bank customers.

UMB Financial in Kansas City, Mo., has hired an IBM executive to be chief information officer.

A trans-Atlantic trademark dispute pits one of the most talked-about startups in the emerging blockchain technology field against a futures exchange whose founder is involved in another ballyhooed blockchain firm.

The mobile wallet market is constantly changing, often in unexpected ways. Products have evolved dramatically in a very short amount of time, and companies that seemed committed to one strategy a year ago now find themselves on a completely different path.

Samsung is confident even though its payment service comes almost a year after Apple's. Unlike Apple Pay, Samsung's can work with the magnetic-strip card readers that are common in stores and restaurants. On top of that, Samsung won't charge banks and credit-card issuers transaction fees.

The recent explosion of mobile commerce and payments would not have been possible without open and sharable technology, and the credit union service organization CO-OP Financial Services aims to duplicate that success with its own technology.

CU Direct, a provider of lending, automotive and strategic solutions to the credit union industry headquartered here, on Wednesday said it has entered into a new agreement with Credit Union Leasing of America (CULA).

Credit unions in a number of states have been offering prize-linked accounts for years, but up until recently, banks were unable to follow suit, but with a recent change in law, one small bank is offering a "Jackpot Savings" account.

The timing brings Samsung's mobile wallet to market just a few weeks shy of Apple Pay's one-year anniversary — and in line with the expected annual refresh of Apple's iPhone line.

As banks look to shorten their list of vendors, the industry's largest technology supplier is looking to lengthen its list of products and services.

WeChat, a smartphone instant-messenger, digital wallet and car-booking service rolled up into one, is probably worth $83.6 billion. As people spend more and more time sending short messages to each other, such services have become some of the hottest technology businesses around.

PSCU on Wednesday announced a partnership with Member Driven Technologies to provide call center support to MDT's roster of credit union clients.