Yesterday Google announced its debut of “wave and pay” technology that will let consumers carrying Nexus S 4G phones (a Sprint network device) use their phone as a credit card substitute for payments on the fly.

Yesterday Google announced its debut of “wave and pay” technology that will let consumers carrying Nexus S 4G phones (a Sprint network device) use their phone as a credit card substitute for payments on the fly.

Rumors swirled Monday that U.S. Central Bridge had tumbled deep into a “liquidity crisis,” as one Credit Union Times source put it.

Volunteer Corporate Credit Union has announced its intent to explore a merger with West Virginia Corporate Federal Credit Union, VolCorp spokesperson Sandy Swofford disclosed.

Central Liquidity Facility. It sounds like a conveniently located swimming pool for bureaucrats. It is not that, but what it is is misunderstood–even inside the credit union industry–and right now a debate is starting about the CLF’s role as the industry restructures.

Southeast Corporate Federal Credit Union announced Monday it has been given the NCUA's green light to offer its Perpetual Contributed Capital subscription plan.

The NCUA may be saying it has no intent of compelling corporates to merge, but a recent upload to the NCUA website might say otherwise.

The NCUA may be saying it has no intent of compelling corporates to merge, but a recent upload to the NCUA website might say otherwise.