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In global news this week, Payments Canada asks to expand its membership, JCB extends acquiring and processing into Thailand, Brazil adopts a new bitcoin law, and more.

Phishing and ransomware attacks were among the deadliest for financial institutions in the past year.

The pandemic-era's surge of short-term, interest-free online loans from buy now/pay later fintechs ignited wide-ranging competition from newcomers and legacy providers alike.

Horizon Technology Finance's Daniel Trolio discusses market strengths, growth challenges, and why Horizon sticks to tried and true capital partners.

The Amesbury-based bank reported solid growth and profitability throughout Dave Mansfield's 9-year tenure. The decision followed news of losses tied to the bank's move into digital-asset lending, though the bank has yet to file a 10-Q for the third quarter.

Two long-awaited developments — the Consumer Financial Protection Bureau's data access proposal and the Federal Reserve's faster payments network debut — are slated for next year. The combined effect on consumer banking might be more consequential than we now know.

Mike is co-founder and COO of Koffie Financial, a modern-day insurer focusing on trucking and transportation. Prior to co-founding Koffie, Mike worked for seven years in leadership roles at The Dorfman Organization, a 4th generation boutique insurance brokerage specializing in transportation. He is excited to use granular, real-time data, machine learning, and IOT to digitize and solve antiquated and historically unprofitable commercial P&C lines.

Commercial loans at federally insured credit unions increased 25% to $132.2 billion in the third quarter of 2022, even though many institutions are facing a tough job market. Their answer is to find strong candidates within their own ranks.

Despite a slow year overall, banks announced several substantial merger and acquisitions in 2022.