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Mastercard has dropped out of a recent bidding war with Visa to acquire Earthport, announcing it will instead buy Transfast, a different cross-border payments firm.
March 8 -
The Bank of England is requiring Visa to appoint PwC as an independent third party to review the card brand’s progress in implementing recommendations that followed a 2018 outage in Europe.
March 8 -
The upstart lenders have been chipping away at credit cards’ consumer-lending dominance by offering fixed-rate loans with predictable repayment plans. Now the card giants are fighting back.
March 8 -
Several banks could lose money over tax credits tied to DC Solar, a California firm wrestling with a fraud claim.
March 8 -
In the startup sector, female founders consistently receive far less venture capital than male founders, but a program by Quesnay is looking to change that.
March 8 -
BrightWise is a joint venture among the Iowa CU League, its holding company and LMG Security. The initiative aims to teach credit union professionals how to better protect their institutions.
March 8 -
Until now, Toyota Financial Services has offered banking services to its dealers. But as it builds its digital bank, that will soon change, according to its newly appointed chief information officer.
March 8 -
Barclays plc has spent years experimenting with creative ways to promote mobile payments, and it's not showing signs of stopping.
March 8 -
Events like the recent government shutdown present opportunities for banks to help customers when they need it most.
March 8Oliver Wyman -
Recent history shows how dangerous these short-term products can be without appropriate guidelines in place.
March 8The Center for Responsible Lending