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LAKE FOREST, Ill.— It’s Leap Day tomorrow, those extra 24 hours in February that arrive in most years divisible by four. But the day is more than just a calendar quirk—it also creates some financial dilemmas, the experts say.

BROOKFIELD, Wis.— In a move intended to boost the worldwide use of smartphones and tablets as point-of-sale terminals, First Data, now part of Fiserv, said it is now enabling merchants to use their own devices to accept payments of any amount without any additional hardware.

WASHINGTON–Three credit union trade groups are welcoming a decision by the Department of Defense to drop what has been called a “problematic” question  from its Military Lending Act guidance. 

DAYTON, Ohio–DayMet Credit Union has launched a new line-up of checking accounts, with the credit union saying added benefits and money saving features are being offered to members.

DURHAM, N.C.–Mobile financial literacy app provider Zogo has launched the “Humans of Credit Unions” Facebook page to share personal stories from CU members about their financial challenges. 

NEW YORK–Profits at U.S. banks were down in the fourth quarter of 2019 due to lower interest margins, but overall credit remains solid, according to analysis released by Moody’s Investors Services.  The analysis was released as part of the company report, "Banks – United States: Q4 2019 Update.”

BROOKFIELD, Wis.–Fiserv has introduced Clover Station Pro, the latest addition to the company’s set of Clover cloud-based point-of-sale (POS) devices.