Advanced search


SAN FRANCISCO—The number of banks, merchants, and card issuers offering their own mobile wallets seemingly grows every week in 2016, confirming that interest in mobile proximity payments has never been hotter.

SAN FRANCISCO–Wells Fargo has received subpoenas from three different U.S. attorneys’ offices in the last week as the investigation grows into how more than 5,000 of its employees could be involved in a scheme that created more than one-million bogus customer accounts.

MADISON, Wis.—CUES is pleased to announce Trish Barrette has joined the team as director of member relations in the Midwest region, and Brian Cacic has been promoted from within to become member relations and council manager.

ATLANTA—CU Capital Market Solutions, a credit union CUSO has hired a general counsel with extensive regulatory expertise, and two highly experienced and educated professionals to provide balance sheet advisory services to credit unions.

MT. PROSPECT, Ill.—Cummins Allison, the  leading innovator of coin, currency and check processing technology, as well as ATMs, announced significant growth of its self-service coin product line within financial institutions (FIs). Installations of Cummins Allison Money Machine 2 self-service coin machines at FIs have tripled since 2010, the company said.

PORTSMOUTH, N.H.– Service Credit Union celebrated the opening of its new Wildcat Stadium branch at the University of New Hampshire with a ribbon-cutting ceremony.