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The reduction in debt during the first quarter was the second largest on record, according to a new report by the New York Fed. Government stimulus payments and continuing limitations on travel and entertainment spending are key factors.
May 12 -
Digital payments can cut costs, errors and other tasks that would be prohibitive on their own, says Kofax's Lindsay Pinkos.
May 12
Kofax -
Minority-led community development entities often lose out in getting NMTC support. They know best which investments will have the greatest impact on communities of color.
May 12
U.S. Bank -
MoneyGram will offer a service for the conversion of digital currency into cash at its retail locations in the U.S. through a partnership with cryptocurrency exchange Coinme.
May 12 -
The software-as-a-service platform eliminates manual collection of outstanding invoices, and also predicts when a customer is likely to pay, based on past payment habits.
May 12 -
The Denver company, which has branches in El Paso, will gain more locations in cities such as Dallas and Austin with the pending purchase.
May 12 -
As profit margins shrink, Rocket and UWM expect to make it up on greater volume; the program would put the auctioneer in competition with traditional lenders and its former unit, PayPal.
May 12 -
A Federal Reserve proposal that would require banks to give merchants more choices in routing certain debit transactions could be a prelude to a more consequential change: a lower cap on interchange fees for banks with more than $10 billion of assets.
May 12 -
The urgency to streamline processes during the pandemic accentuated how digitization can also drive diversity, fairness and better environmental outcomes, says Microsoft’s Bill Borden.
May 12
Microsoft -
Legacy vendors are competing more aggressively to modernize payroll, insurance payouts and data sharing.
May 12


