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Large brands such as Barclays and Amazon recently reversed course and allowed cash to accompany clearly digital strategies, moves that made more sense politically than economically. The question is how long public policy can be the main factor in slowing cash’s decline.
November 13 -
Over the past several years, well-established companies in the space like Klarna and FIS have become big enough to buy competitors, fueling the majority of the M&A we’ve seen of late, says AvidXchange's Michael Praeger.
November 13Michael Preager is CEO and Co-founder of AvidXchange -
So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon.
November 12 -
The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.
November 12 -
A group has filed paperwork with the FDIC to form Legacy Bank in Temecula.
November 12 -
The Pennsylvania company gained $67 million in assets under management as part of the acquisition.
November 12 -
The three federal bank regulators usually try to issue rules jointly, but Comptroller of the Currency Joseph Otting on Tuesday pointed to areas where the agencies may move on separate paths.
November 12 -
The Veterans and Consumers Fair Credit Act would extend Military Lending Act protections to all consumers.
November 12 -
The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.
November 12 -
After weeks of enduring a firestorm of negative feedback regarding its proposal to launch the Libra cryptocurrency network, Facebook is turning to a more conventional system by joining other "Pays" in launching Facebook Pay.
November 12