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The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon cuts prices at Whole Foods; eBay alters its advertising strategy; Georgia Tech suffers a breach; Amazon extends contract with Delta Airlines.
April 3 -
FIS’s $43 billion agreement to acquire Worldpay and Fiserv’s $22 billion deal to buy First Data are largely closing the gaps between financial technology and merchant acquiring. But these mergers are only the first of many steps.
April 3 -
Existing bank systems are holding issuers back from responding fast enough to changing market conditions, contends Mikko Rieger, senior vice president of consumer management services for Nets.
April 3Nets -
NCS Analytics is building portals for Michigan and California that are designed to encourage financial institutions to become more comfortable in banking marijuana-related businesses by making it easier for them to sort out good and bad actors.
April 2 -
The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.
April 2 -
A discussion on how to modernize policies to combat housing discrimination quickly turned into a sharp critique of the social media giant's advertising practices.
April 2 -
Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday.
April 2 -
Some contracts are not "adequately" defining which party — the bank or the vendor — is responsible for managing risks, the agency said.
April 2 -
The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.
April 2 -
Jack Dorsey said he hopes the companies he co-founded, Twitter Inc. and Square Inc., won’t be tethered to their headquarters in San Francisco.
April 2