ISVs that optimize B2B payments within their software solutions stand to save the day for merchants who want to grow but feel hamstrung with their current solutions, Ashley Jones of Global Payments Integrated says.
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The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.
April 23
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Norwegian digital payments provider MeaWallet is offering a new payment tokenization solution that delivers Mastercard, Visa and American Express tokenization services through a single connection.
April 23 -
Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.
April 23 -
Under a new policy, a company subject to a civil investigative demand will learn from the agency about what conduct the probe is targeting and what legal provisions the firm may have violated.
April 23
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Credit unions have elected new board members and named new branch managers while other employees were recognized for their dedication.
April 23
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Nearly a dozen shareholders disrupted opening remarks at Wells Fargo’s annual meeting in Dallas on Tuesday, pressing executives to answer for a series of scandals that have rocked the bank.
April 23
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CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.
April 23
In an interview, the Hong Kong native spoke about the fears of his employees, 74% of whom are Asian American, as well as about his optimism regarding hate crime legislation President Biden signed last week. East West and several other banks have donated to groups working to track and reduce the recent spike in anti-Asian violence.
ISVs that optimize B2B payments within their software solutions stand to save the day for merchants who want to grow but feel hamstrung with their current solutions, Ashley Jones of Global Payments Integrated says.
More than 250 wholesale clients signed up with the Pittsburgh bank in the past year to use real-time payments for payroll, billing and supply chain management.
In an interview, the Hong Kong native spoke about the fears of his employees, 74% of whom are Asian American, as well as about his optimism regarding hate crime legislation President Biden signed last week. East West and several other banks have donated to groups working to track and reduce the recent spike in anti-Asian violence.
ISVs that optimize B2B payments within their software solutions stand to save the day for merchants who want to grow but feel hamstrung with their current solutions, Ashley Jones of Global Payments Integrated says.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
Two bankers detailed how artificial intelligence is transforming fraud detection and incident response for their institutions. The technology lets analysts ask datasets direct questions.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
- Tarkowski, managing partner at Actuate Law, shares a legal perspective on the lawsuit that savings app provider Yotta filed against Evolve Bank & Trust in September and recently amended.
- Sid Khosla, EY Americas banking and capital markets leader, predicts that, over the next two years, 20% of generative AI cases will drive 80% of the value across financial institutions. In this podcast, he explains what those use cases are and how banks can make the most of them.
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The Columbus, Ga., company had been counting on increased volume to offset a squeeze in net interest margins.
October 22 -
The $32 million merger will create a bank with nearly $1 billion in assets.
October 22
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Mastercard plans to acquire loyalty and marketing company SessionM to help its merchant clients build their brands and grow their businesses.
October 22
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Ellen Alemany said that CIT's deal for Mutual of Omaha Bank will immediately lower the bank's deposit funding by 20 basis points. She also reiterated that the acquisition would make CIT more attractive to potential buyers.
October 22
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U.S. Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision.
October 22
