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The arrangement, which focuses on merchant services, comes about six months after Global Payments secured a similar partnership with Amazon Web Services on the issuer side of its business.
February 8
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Its success was driven by its support for buying and selling cryptocurrencies and its entry into the buy now/pay later market.
February 4
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Its success was driven by its support for buying and selling cryptocurrencies, and its entry into the buy now/pay later market.
February 3 -
Balance, an API-based checkout solution designed for B2B e-commerce, has raised $5.5 million to launch operations with backing from Lightspeed Venture Partners, Stripe, Affirm and PayPal cofounder Max Levchin.
February 3
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A group led by Stephen Gordon has received conditional approval from the Federal Deposit Insurance Corp. to open Genesis Bank.
February 3
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Some big banks trimmed their stockpiles that guard against loan losses in the fourth quarter, but overall allowances fell less than many observers predicted. The trend will likely continue given uncertainties surrounding vaccine distribution and the economy.
February 2
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Long hours by bankers and the streamlined resolution of Paycheck Protection Program loans helped lenders collect more fees than anticipated in the fourth quarter. It was a rare bright spot at a time when revenue is being pinched.
February 2
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Chairman and CEO Phillip Green said the decision to lay off 68 employees was "really the last thing" the San Antonio company wanted to do as it wrestles with low interest rates and challenges tied to the coronavirus pandemic.
February 2 -
Cross-border payments technology provider Routefusion plans to expand its embedded software services and global partnerships after a recent funding round.
February 2 -
Bank of New York Mellon, State Street and Northern Trust have even more reason to slash costs than commercial banks because their options to boost revenue are more limited. Problem is, they also have fewer cost-cutting options.
February 1
