H&R Block in Kansas City, Mo., and BofI Holding in San Diego have pushed back the closing date for transferring ownership of H&R Block Bank.
H&R Block
The deal was announced last April, but the companies
H&R Block originally
Commerce Bancshares agreed to pay around $585 million to acquire FineMark Holdings. It's the Missouri bank's first bank deal in 12 years.
Buy now/pay later provider Sezzle has filed a lawsuit against Shopify, alleging that the e-commerce giant engaged in antitrust practices by making it difficult for merchants to integrate Sezzle's BNPL offering into their websites.
The bank, which has spent years building an advanced data sharing system, says market forces will drive the project more than political support.
Opposition is growing to the Trump administration's efforts to roll back fair lending requirements for lenders imposed by Biden-era prosecutors.
The 3.5% excise tax proposed in President Trump's One Big Beautiful Bill comes with wide-ranging implications for financial institutions engaged in money transmission services.
The retail giants are kicking the tires on their own currencies. The potential prize is a way to reimagine prepaid cards and gain a key position as new forms of artificial intelligence-powered payments take off.
