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The two companies agreed to continue to collaborate on a prepaid card program until 2027. The deal holds particular importance for Green Dot, which relies heavily on revenue generated at the discount retail giant.
October 29
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The Pennsylvania company will pay $346 million for MutualFirst Financial.
October 29
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Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster.
October 29
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Card processor i2C Inc. has formed an alliance with Ecard, a prepaid debit card targeting travelers that's accepted on both Discover and China’s UnionPay network.
October 29 -
The credit union regulator is expecting a 1% increase to its already approved 2020 budget, while 2021 could see an almost 4% increase from what the board approved for 2019.
October 29
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Executives at banks in California say there's only so much they can do until the flames subside.
October 29
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The transaction will expand the CUSO's reach to nearly 1,200 credit unions.
October 29
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PayPal is adding rewards to its Venmo credit card in a way that seems to echo Apple's strategy with Apple Card.
October 29
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Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service.
October 29
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It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.
October 29
