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The Florida-based CUSO is the latest to sign on with the distributed ledger technology scheme for credit unions.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon suffers a hack; The Fed issues new faster payments-related guidance; Paperless B2B payments advance in Indonesia; Contactless transit pay matures in London.

The Missouri company reported strong loan growth that also reflected a spike in factoring activity.

When regulators recognize ICOs as securities offerings, they will likely require issuers to fully comply with standard Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, increasing compliance pressure, according to Ron Teicher, CEO of EverCompliant.

The U.K.’s late payments culture and its resulting impact on suppliers has many worrying about whether their clients are the next Carillion, a U.K. construction giant whose collapse left approximately 30,000 SMEs with millions of pounds in unpaid invoices.

The Florida company is also set to enter Alabama as part of the $360 million purchase.

Banks and credit unions have been fighting each other so long that many have forgotten how the feud started and why it may matter to the future of both industries.

Long considered a political third rail in the U.S., the movement's tax exemption is taking some heat. Here's a sampling of how other countries have handled this debate.

Sen. Elizabeth Warren is asking acting CFPB Director Mick Mulvaney to clarify his philosophy on enforcement, provide details on the high pay for political appointees and answer other questions.

CEO Tim Sloan and board chair Elizabeth Duke fielded tough questions Tuesday on everything from the embattled bank’s culture to its ties to the private prison industry.