Sarah Wynn covers securities and infrastructure for the Washington bureau.
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In late August, Whole Foods started selling Echos as soon as it completed its sale to the e-commerce giant. It may seem like an odd item to stock at a grocery store, but there's a solid strategy behind it.
By Sarah WynnSeptember 14 -
The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.
By Daniel WolfeAugust 18 -
In addition to typical industry challenges, family-owned banks also have to address generational leadership and estate planning at a time when an increasing number of their CEOs are looking to retire.
By Sarah WynnAugust 16 -
The machine is among the more commonly pitched solutions for high-risk merchants that can't normally handle payment cards because banks won’t partner with them. But for dispensaries, they can be a hassle.
By Sarah WynnAugust 11 -
The cashless ATM is meant to make it easier for legal dispensaries and other high-risk stores to accept card payments. But for Alden Linn, owner of World of Weed, it became a hassle.
By Sarah WynnAugust 10 -
Sam Maule is set to head up North America expansion for 11:FS.
By Sarah WynnAugust 7 -
Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states.
By Sarah WynnAugust 1 -
GlobalID stands out from scores of similar companies and projects by attempting to wed self-sovereignty with regulatory compliance. If its technology works, it could alleviate a major cost for banks.
July 28 -
Profits rose 20% at the Texas bank, but net interest margin growth last quarter, and the bank’s margin outlook for the rest of this year, disappointed analysts and investors.
By Sarah WynnJuly 27 -
The fine for BTC-e was the Treasury’s first action against a money-services business located in a foreign country, and the second against a virtual currency exchange.
By Sarah WynnJuly 27