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The information you need to start your day, from PaymentsSource and around the web. Today: PayPal loses on its Uber investment; Rapyd gets a license in Singapore; Masabi builds interoperable transit payments in Ohio; Binance finds partners for crypto in China.
October 10 -
Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.
October 10 -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns that credit unions could become an even more inviting litigation target.
October 10 -
Cash is not dead, but the burdens of ensuring access threaten to break long-standing ecosystems that sustain traditional payments.
October 10 -
The Federal Reserve’s FedNow instant payments system will dramatically speed up payment processing, essentially allowing people and businesses to receive money in their accounts within seconds of a transaction, says the Retail Industry Leaders Association's Austen Jensen.
October 10 -
The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.
October 9 -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.
October 9 -
Maine Harvest Federal Credit Union, which will serve farmers and the food industry, opened this week and aims to make $12 million in loans over the next six years.
October 9 -
All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.
October 9 -
A digital currency firm has been accused of recruiting actors to pretend to be Comerica and Mastercard employees, writing a fake prospectus and taking other steps to make it look like the two U.S. companies were its partners in an investment venture.
October 9