Thirty-five retail and financial industry players will serve on two Federal Reserve payments task forces.
Consumers switch FIs to enjoy better mobile app features; only 24% would pay for an app.
A payments industry task force predicts 98% of eight major financial institutions’ cards will have chips by year-end 2017.
Read the latest new hire, promotion and career milestone news in the credit union industry.
For at least the past year, speakers at financial technology conferences have been telling bank and credit union audiences of the pressing need to factor wearable technology into the mix.
Two women who led a fraud ring that targeted four credit unions, eight banks and other businesses throughout the Denver metro area for more than a year were indicted on March 5.
Two female fraud ring leaders stand accused of defrauding four credit unions and eight banks.
The Maryland Department of Housing and Community Development can't give downpayment money away to credit unions.
State housing official says department has been unsuccessful in getting credit unions to join its down payment assistance program.
Wendy Wall of the defunct Pepsi Cola FCU pleads guilty to embezzling nearly half a million dollars.