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Global payments processor Payscout has launched a self-service payment portal to process transactions between a business and its debtors, in effect linking businesses to back-end processing facilities without involving bill-collection agents.

The gap, already more than three times the national average, will widen to 60% this year, the company said in a report Thursday.

Merchants that accept bitcoin and other cryptocurrencies need an increased focus on the ways that fraudsters might try to exploit them.

The National Credit Union Administration cited "unsafe, unsound practices" that led to the move to conserve the $4 million-asset institution.

Online banks and some credit unions are responding to Fed rate hikes by aggressively raising deposit rates on CDs, savings accounts and money market products, while the nation's biggest banks are largely standing pat — for now.

Butke has been in credit unions for 40 years, the past 25 building the Ohio-based corporate.

The acting director’s five-year plan shows that he wants to bring moderation to the agency, not ruin it from within.

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says.

Internet searches for “Bitcoin” have plunged, suggesting public interest has, too.

John McAfee disappeared from the public markets after MGT Capital Inc. severed ties with the controversial antivirus software developer, but now he’s back and advising a cryptocurrency startup that’s conducting an initial coin offering.