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Vocalink beat out four other competing bids to secure a 10-year contract to provide real-time switching and settlements for U.K. ATM operator Link Scheme.
October 16 -
Northern California utility company PG&E recently shut off power to more than 2 million consumers, meaning some insitutions had to move quickly to minimize the outages' impact on operations.
October 16 -
Making a domestic or cross-border B2B payment should be as easy as a consumer making a payment at a retailer's point of sale. There are plenty of obstacles toward this goal, but also plenty of paths to success.
October 16 -
As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options?
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The Dallas company also warned of a decline in net interest income this quarter due to the anticipated impact of Federal Reserve interest rate cuts on loan yields.
October 16 -
Executives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability.
October 16 -
Digital services are gaining momentum, and traditional plastic cards are adding innovation to keep up after years of lagging, says FIME's Stéphanie El Rhomri.
October 16 -
The application for Riverside Bank of Dublin comes just six months after another group opened a bank in a nearby market.
October 16 -
Prosecutors allege that Sylvia Ash, a judge in Brooklyn, N.Y., helped Kam Wong, the former CEO of Municipal, cover up his fraud scheme.
October 16 -
The Minneapolis bank says recent investments in its retail operation contributed to strong improvement in home lending and mortgage banking fees.
October 16