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Credit unions often like to talk about–and rightfully so--the “impact” they have on their communities.

KALAMAZOO, Mich.—A demand that Congress implement an “exit fee” on credit unions that buy banks is unlikely to gain traction in Washington or do much to slow the ongoing trend, according to the pioneer of the deals.

PORTSMOUTH, N.H.–A new analysis offers some insights into how financial institution employees use conversational banking technology, including virtual assistants and bots.

EL CAJON, Calif.–East County Schools FCU has officially launched a financial wellness benefit for school district employees called "MyPayNow” that allows members early access to earned-but-unpaid wages each month, up to $1,000.

SAN JOSE, Calif.—PayPal has raised cryptocurrency limits for its U.S. customers to $100,000 per week without an annual purchase limit.

SAN FRANCISCO—Square is launching banking services for small businesses as it seeks to grow beyond payments processing.

PURCHASE, N.Y.—Mastercard has been ordered to stop taking new customers in India, as authorities there say the company has violated the country’s rules on how data should be stored.

GAINESVILLE, Fla.—A credit card war is just beginning among major issuers, say two experts,  who caution that credit unions should not just be concerned over what the big guns are and will be offering—they need to reject long-held cultural restraints and target existing members and not new accounts.