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TSYS is responding to growing demand for a lighter and more versatile point of sale with a line of payment tools answering many of the newer merchant needs Square, Clover and Poynt typically provide.

Silver River Community Bank is the fifth de novo in Florida to apply with the FDIC in the last three years.

The subprime online lender said Thursday that it will spin off its credit card business into a new entity, Mission Lane. It also named a new CEO to replace its founder, Sasha Orloff.

British payments technology company Moorwand is offering the first UnionPay prepaid cards in the U.K. on its UPayCard branded prepaid platform, with a larger roll-out planned for consumers and corporations during the first quarter of 2019.

The booming market for smart speakers has prompted WEX and Ai.io to develop an end-to-end voice-activated app to handle travel booking and payments.

U.S. Bancorp’s Elavon has acquired CenPOS, a B2B payments software provider with a heavy focus on large companies in the automotive, travel and entertainment industries.

As BillingTree moves deeper into verticals such as health care, it will be helmed by new leadership as Christine Lee becomes CEO.

Michael Bright is resigning as acting president of Ginnie Mae to run the Structured Finance Industry Group, a trade association that's been without a CEO since Richard Johns resigned in July amid a reported split with the group's board.

Associated Banc-Corp in Green Bay, Wis., said Wednesday that it will close 17 branches as part of a previously announced deal to buy 32 branches from Huntington Bancshares.

Global Payout is providing software to the makers of point of sale hardware for the cannabis industry, integrating payment card processing with other business services common for dispensaries.