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Chinese mobile payment apps Alipay and WeChat Pay have made deep inroads into Western markets, and now UnionPay, China’s state-run card network, is catching up.
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The Kansas-based institution saw growth in a number of areas last year, though increased staffing costs.
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Senate Democrats are pushing the CFPB to resume examinations under the Military Lending Act, according to a letter sent to the agency's director on Tuesday.
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Vince Liuzzi previously served as chief banking officer at DNB First in Pennsylvania.
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Criminals are inventing new ways to hide dirty money amid transactions for digital goods bought and sold on everything from Amazon to game-app sites. Banks need to wake up to the threat, says Ben Duranske, Facebook Payments' former compliance chief.
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Credit unions and others in the industry have recently announced a variety of changes with their staffing.
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Jared Wolff, a former PacWest executive, had been the general counsel at City National Bank.
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Pan-European payments and transaction services provider equensWorldline has launched its domestic interoperable P2P mobile payment scheme across the continent.
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The company will open its first office in Iowa after buying the business from Bankers Trust.
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Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.
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