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Merchant acquirers have moved mountains to embrace software and e-commerce over the old model of selling point of sale hardware, but there are signs that transformation is not enough to please investors.
July 20
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The commercial that shows a landlord using Apple Pay Cash and iMessage to pry rent out of a tenant is meant to elicit a chuckle, but it also shows how P2P providers must aggressively communicate the capabilities of their apps.
July 20
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The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.
July 20
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Avidia Bank in Massachusetts collaborated with Exhibit 'A' Brewing to produce and sell an IPA as part of a plan to boost marketing to small businesses and millennials.
July 20
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Citi and other banks are investing in automation aimed at speeding up the old-fashioned process for institutional clients' receivables and payables.
July 20
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The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.
July 20
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The House appropriations bill would also expedite the appeals process for CFPB examination decisions and reduce the number of times big banks must submit resolution plans to every two years.
July 20
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That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.
July 20
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State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.
July 20
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The company will no longer originate indirect auto loans outside of Florida and Georgia.
July 20
