If credit unions can make P2P free, in real time and through mobile channels, it could explode as a payment tool.
Court documents from May revealed the Department of Homeland Security seized nearly $3 million from a business account at the $2.4 billion Veridian Credit Union in Waterloo, Iowa, over what the DHS said was an unlicensed money transmitting business operated by the business member’s client.
Iowa-based payments innovator included in Bitcoin probe, Bloomberg says, while MIT fetes founder.
Homeland Security alleges Veridian Credit Union account holder Mt.Gox is unlicensed money transmitter.
PayPal tools added to big Utah Credit Union's online banking set.
Fiserv, FIS pushing to make person-to-person an instant affair, which may be the key to real adoption.
There's a great market here. No, there's not. Opinions vary widely among vendors and credit unions alike.
Technology provider says 286 new self-service banking contracts penned in 2012, with mobile payments moving into picture.
New app adds to first-in-market mobile bill pay and RDC, Los Angeles credit union says.
No one-and-done: mFoundry purchase may be just the beginning of tech giant's bid to dominate mobile banking space.