Sarah Wynn

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.

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.

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.

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.

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.

Sam Maule is set to head up North America expansion for 11:FS.

Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states.

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.

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.

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.