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Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.
July 19 -
Even with an economy that has slowed to a "moderate" pace, American Express says U.S. consumers' spending trends remained solid and, in the case of Amex cardholders, they are willing to pay fees for cards that come with the right features.
July 19 -
Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement.
July 19 -
New tech-focused programs for employees can help banks evolve from within.
July 19BMO Financial Group -
The information you need to start your day, from PaymentsSource and around the Web. Today: Toys "R" Us plots its recovery; Libra searches jump in China; App bank gets license in Australia; Biometric contactless cards advance.
July 19 -
Blockchain and cryptocurrency innovations threaten to upend mainstream remittance providers, but there are still market gaps that may be best served by a large bank footprint.
July 19 -
For business payments, financial institutions have the trust advantage over fintechs but are not offering an easier experience, argues Steve Robert, co-founder and CEO of Autobooks.
July 19Autobooks -
As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.
July 18 -
Flybits is building a marketplace to connect banks with third parties that might want to share data across channels.
July 18 -
Readers react to House lawmakers attempting to overhaul the credit bureaus, express sarcasm to the Senate Banking Committee eyeing cannabis banking, criticize Sen. Elizabeth Warren's plans to overhaul Wall Street and more.
July 18