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John Zmolek has been involved with the Seattle-based institution for more than three decades. A successor has not yet been named.
February 23
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Making gig workers’ pay automatically available at no cost each day or after each completed shift would benefit everyone, while providing a win-win scenario for the worker and platform alike, says Payfare's Marco Margiotta.
February 23
Payfare -
About half of U.S. workers received an unexpected financial expense each month for 12 months overlapping most of the COVID-19 pandemic, with many resorting to bouncing checks or payday loans to cover the costs.
February 23
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Payments technology provider NMI is acquiring USAePay to boost its multichannel service offerings for its independent sales organization network, as well as bank and fintech innovation partners.
February 23 -
The product — a special class of shares in JPMorgan's Empower money market fund — will initially be distributed by the Harbor Bank of Maryland, Liberty Bank & Trust, M&F Bank and Unity National Bank, according to a statement.
February 23
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Wells Fargo plans to sell its asset management business to two private equity firms, part of Chief Executive Charlie Scharf's efforts to dump nonessential operations and help the bank emerge from years of scandals.
February 23
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Yellen says the tests probably won’t lead to imposing capital requirements or limit dividends; the big banks want a global convergence in financial standards to do business in other countries.
February 23 -
The organizations are working to deliver $1 million in grants to help some of the most treasured and vulnerable restaurants in the U.S. get through the pandemic.
February 23
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The lack of federal legalization creates processing challenges, but there are emerging solutions, says Fincann's Nathaniel Gurien.
February 23
Fincann -
Small shops are facing more competition online. Combined with the impact of Brexit, this has made it even more important for businesses to sell overseas.
February 23
