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Earthport Plc investors, who saw their shares drop 70 percent in three years as the payments firm lost customers and management, now have an offer to cash out with a 300 percent premium. But not all of them are happy about it.
January 4
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Following the departure last year of several top executives amid downward pressure on earnings, Diebold Nixdorf has named three people to fill its executive ranks.
January 4
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Mastercard has named Donald Chesnut as the company’s chief experience officer to help drive a clear and consistent experience for Mastercard’s various audiences.
January 4
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Third-quarter results from the Michigan Credit Union League show hundreds of members are joining CUs in the Great Lakes State each day.
January 4
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Slumping stock prices may force banks to press pause, but the need for low-cost deposits and scale could provide a spark later this year.
January 4
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Borrowers and financial institutions may be feeling the strain from reduced operations at the FHA and IRS, which has suspended the release of certain income documentation during the budget impasse.
January 4
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Hungary’s commercial banks have started the initial testing phase of an instant payments scheme, with plans to go live on July 1 for domestic broadscale use.
January 4 -
Marriott International Inc. says the number of guest records exposed in a cyber-security breach is lower than it estimated when it disclosed the attack in November.
January 4
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Less than three years after taking the helm at Baltimore Washington Federal Credit Union, Lester Warby is set to take over at STAR Credit Union in Corpus Christi.
January 4
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An “emergency merger” with the troubled Progressive Credit Union gives PenFed — already the nation’s third-largest credit union — the ability to welcome any potential member nationwide.
January 4
