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Expected to close this week, the deal would value the company at an amount similar to the $4.3 billion valuation of its 2017 funding round.

Built Technologies will use the money to invest in research and development while it builds out its client base.

Congress has returned from its two-week vacation with plans to debate a number of issues important to the credit union industry.

Digital payments developers have targeted video game platforms and their players as fairly fertile ground for integrating payment methods directly into game consoles or apps, but up to now the misses have outnumbered the hits.

Many banks rely on the location data they get from carriers through data aggregators to spot fraudulent transactions. With telecom companies shutting that source down, banks are worried it could significantly hurt their capacity to detect fraud.

Banks need to ensure those building new business are driven to look for evidence of illegal activity.

Paytronix has spent the last few years developing a streamlined enrollment process for restaurants’ loyalty programs, but it relies on something relatively few consumers use: Apple Pay and Google Pay at the point of sale.

Visa Inc. and Mastercard Inc. ended nearly two decades of European Union antitrust scrutiny with a pact that requires them to reduce fees for foreigners shopping in the region.

Financial institutions should focus on maximizing returns instead of feel-good initiatives to cut greenhouse gas emissions or reduce gun financing.

Wall Street moves to compete with the low-fee financial services giant; activist investor has an uphill climb for a seat at this week’s annual meeting.