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The Columbus, Ohio-based regional launched Lift Local Business in October 2020 with a $25 million ceiling. Four years and $133 million later, the program is still going strong.
November 22
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The bank and payment company are using the technology that underpins digital assets to improve interoperability for international transactions, a major point of friction in trade finance.
November 22
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The Federal Reserve released additional information about its periodic review of its monetary policy strategy, tools and communications framework; TD Bank Group announced Michelle Myers will succeed Anita O'Dell as global chief auditor; Provident Financial Services will expand its commercial lending team; and more in this week's banking news roundup.
November 22
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Canada's banking regulator is beefing up its rules on corporate culture, saying that it expects executives and boards to be accountable.
November 22
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The Federal Reserve released the volume of activity on its instant payments network since its launch last summer, showing a surge in usage between July and August.
November 22
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A punitive tax on payments sent overseas to the families of immigrants would have a cascading set of consequences — all of them bad.
November 22
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The niche buy now/pay later firm is looking for differentiation in a crowded market with recognizable brands like Klarna, Affirm and Afterpay.
November 22
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The 2.0 version, expected to launch next year, will provide more detailed responses based on more complex, humanlike thought processes.
November 21
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The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.
November 21
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The North Carolina-based bank rolled out a multiyear program to provide loans, investments and philanthropic support to communities in the western part of the state.
November 21
