The Latest

Michael Barr, an Obama-era Treasury Department official, is no longer expected to be nominated to lead a regulator that oversees Wall Street’s biggest banks, according to people familiar with the matter.

The company has formed a special committee to find a successor for James Ford, who will retire as president and CEO next year.

Dwolla has appointed payments technology veteran Dave Glaser as the fintech's first president and chief operating officer.

Mobile banking platform provider N26 is expanding its rewards program through a partnership with card-linked offer platform provider Dosh, enabling customers to earn cash back when using an N26 debit card.

With the pandemic driving the need for contactless payment options in health care settings, RevSpring has extended its Deviceless Payments offering to include point-of-service payments — turning payments into mobile transactions and bypassing the need for point of sale terminals.

The giant retailer is betting enough has changed in the regulatory environment since 2007, when Walmart applied for an ILC; the underused programs will be allowed to expire at the end of the month.

The acquisition of Golden Pacific Bank will accelerate the online lender’s effort to become a full-service bank.

Chris Hendry has served on the credit union's board but has spent his career in health care and philanthropy. He said many of his skills are easily transferable, including a focus on marketing and community engagement.

Like a lot of small restaurants, Ann Arbor's Zingerman's Deli saw its status as a social destination disappear at the start of the pandemic. The technology that helped it hang on will forge a new business model.

By removing friction and encouraging interoperability, deployment becomes easier, says Fime's Reza Rhamani Fard.