A court said the technology giant must be less restrictive at checkout. The move will likely lower transaction fees, but it still won't be easy for competitors to grab market share.
Some traditional bankers are unsettled by the wave of crypto and fintech banks getting bank charters. This Nashville bank CEO sees opportunity.
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Square has added fuel to its growing Cash transfer service by agreeing to buy Verse, a Spanish P2P app.
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Three corporate credit unions serving more than 70% of the industry have banded together for a new effort following Catalyst Corporate's purchase of Aptys Solutions in late May.
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United Airlines Holdings Inc. is planning to raise $5 billion by borrowing against its frequent-flyer program, stepping up efforts to boost liquidity amid the Covid-19 pandemic.
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
Thomas Caldwell has run Middlefield Banc Corp. for 26 years.
Net interest income at Bank of America rose 22%, exceeding expectations even in a higher-rate environment. However, net income fell as expenses rose and investment banking revenues fell amid market tumult.
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Whether banks knowingly work with marijuana businesses or not, they face risks as long as there are no federal clear guidelines in place. Congress must fix this.
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Protecting customer data should have always been a priority for companies. With GDPR, they now have a framework for teams across the organization to adopt and protect their customer data, writes Shanthala Balagopal, a product marketing executive at Helpshift.
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HSBC's Mary Kate Loftus and Popular's Camille Burckhart are digital banker standouts. RBC fires U.S. CEO over an affair with his employee, amid a #MeToo attitude adjustment. And, what's the best time careerwise for women to have children?
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A court said the technology giant must be less restrictive at checkout. The move will likely lower transaction fees, but it still won't be easy for competitors to grab market share.
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The veteran turnaround executive was hired in 2020 to salvage the troubled banking company after the Justice Department launched a far-reaching probe of its mortgage lending practices. It agreed to sell to Florida-based EverBank.
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The money transfer service and the U.K.'s Post Office were on the verge of an extension. Then the hack came. This and updates from Worldpay, Mastercard and JCB in our global payments roundup.
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Banks now have until Nov. 21 to provide feedback on the FDIC's proposed rule on brokered deposits that could lead to higher costs for some insured depositories.
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The all-digital Grasshopper will vault from $835 million of assets to $1.4 billion and gain a potential audience of 13 million Auto Club Group customers in 14 states.
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Elena Gallo will replace Mara Holley, who is retiring.
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The Consumer Financial Protection Bureau said in a court filing that it will repropose a rule requiring lenders to report small-business loan data, citing legal challenges.
An aggressive suite of tariffs from President Trump will complicate the Federal Reserve's job as it struggles to quash inflation and avoid an economic downturn.
The 23rd annual ranking of women leaders in the banking industry.
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