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As it secures new funding and creates a joint venture in Japan, Moven says it is close to becoming a full-fledged U.S. “challenger” by purchasing a traditional bank.

JPM, Amazon, Berkshire Hathaway are creating their own company; Sarah Dahlgren was formerly head of supervision at the New York Fed.

Having chargebacks have been a consistent thorn in merchants' sides for much of the past decade — and to make matters worse, while 82% of merchants say they actively dispute chargebacks, 24% have no idea what their win rate is.

The information you need to start your day, from PaymentsSource and around the Web. Today: Facebook bans bitcoin ads; Western Union opens a tech center in Pune; Apple extends Face ID to help parents control kids' apps; South Africa grapples with the fast pace of fintech.

The cloud-based vendor was formerly a division of Live Oak Bank.

The busy legislative agenda laid out by President Trump in the State of the Union speech Tuesday night casts doubt on how quickly Congress can move on financial services legislation, particularly a housing finance reform package.

Although some companies have started to integrate cross-channel marketing as a core element of their strategy, most still haven’t realized the opportunity at stake, writes Lisa Paccione, vice president of sales for Syniverse.

A trio of credit unions are investing in getting the word out by hiring or promoting new marketing executives and more promotions and new hires.

Commercial lending and mortgage income surged in the fourth quarter at the West Virginia bank thanks to two acquisitions, but a tax charge cut into profits.

The tiny Chicago-based CU, with less than $1 million in assets -- is the first credit union failure of 2018.