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The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing in Europe so far this year and the third major IPO of a payment-processing institution in the region in less than a year.

Harvard University’s endowment is backing Blockstack Inc., a crypto-company that seeks to hold a $50 million digital-token offering.

French card issuer Prepaid Financial Services has partnered with Google to allow its customers in the U.K. to add their prepaid cards to the Google Pay mobile wallet.

CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.

Transactions along the supply chain are a particularly good use case, argues Vinay Pai, senior vice president of engineering at Bill.com.

From helping purchase a new fire engine to funding scholarships and more, here's a look at how credit unions are giving back.

Arguments that the central bank should develop its own system for faster payments ignore current market realities, says The Clearing House, which has developed its own network.

The Fitchburg, Mass.-based institution also started an insurance agency and upgraded its mobile banking last year.

A hacker can infect multiple point-of-sale terminals with malware by entering through a "smart" coffee vending machine at a grocery store or restaurant. And the store owners are largely unaware of the risk.

The Pittsburgh company more than doubled its provision for loan losses during the first quarter to keep pace with growth in its loan portfolio.