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The Financial Choice Act contains many positive reforms for community banks, but a provision affording benefits for holding loans on balance sheet poses risk for small lenders.
June 21
Offit Kurman -
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Uber adds tipping; Visa seeks startups in the Middle East; Sequent draws funds; BBVA launches biometric security.
June 21
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The Wall Street Journal enumerates the reasons why President Trump needs to fire the CFPB director; the bitcoin market is sharply divided over whether it’s a currency or a store of value.
June 21
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As unattended devices, gas pumps would perhaps benefit most from EMV's anti-counterfeiting tech. They have also been among the most difficult to upgrade, prompting the card networks to give gas stations extra years to get EMV compliant. But there is progress.
June 21
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E-payments are growing fast in China, but a one-size-fits-all approach won't be a winner for merchants, writes Franklin Chu, a managing director at Azoya International.
June 21
Azoya International -
Theresa Dold joins LevelUp in the new role of vice president of agency strategy to head the company’s focus on restaurant engagement. Dold previously was director of product at sweetgreen, a fast-casual salad chain that last fall stopped accepting cash payments at some of its stores.
June 21
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Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions.
June 20
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Though James Clinger has been a top aide to House Financial Services Committee Chairman Jeb Hensarling, observers said the FDIC chair nominee's views may differ.
June 20
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Byline Bancorp's decision to go public sends a message that it plans to dangle a more liquid stock in front of potential sellers. It also provides a way for certain shareholders to cash out.
June 20
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Customers of the Pittsburgh company were unable to access their accounts via online and mobile channels for several hours on Tuesday.
June 20
