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NEW YORK—Retailers, armed with new high-tech apps to fight online competition, are giving consumers more reasons to use their mobile phones inside their stores.

COLUMBUS, Ga.–MEA FCU is being absorbed via merger by Kinetic Credit Union.

ALEXANDRIA, Va.—PenFed Credit Union has absorbed two credit unions via mergers.

LOMBARD, Ill.—Another report shows that consumer fears over the security of mobile payments is holding them back from using a digital wallet.

WASHINGTON–More than 10 different initiatives were announced here during a two-day forum hosted by the Treasury Department aimed at reducing the number of people who are unbanked.

PLYMOUTH, Minn.–OnApproach, a provider of Big Data and analytics solutions for credit unions, announced that SMW Federal Credit Union of Lino Lakes, Minn. has signed an agreement to implement the OnApproach M360 Enterprise Big Data & Analytics platform, while Ideal CU's VIP Program Named Winner.

DUBLIN, Ireland–Regulatory proposals by Ireland’s Central Bank are “overzealous” and “take risk management to a point where it becomes risk prevention,” the Joint Committee on Finance, Public Expenditure and Reform was told.

MILLERSVILLE, Penn.–Eight students at Millersville University here have been changed in a debit card scam that allegedly cost a credit union more than $40,000.

ALBANY, N.Y.—The board of the New York Credit Union Association has become the latest to vote in favor of giving affiliated credit unions a “choice” of belonging only to the NYCUA without having to join CUNA.

Eastman Credit Union is the latest to announce it will be paying an extraordinary dividend to members, with a payout of $10 million.