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Businesses are shedding paper checks in favor of electronic payments, but the migration is not as easy as consumer payments.

As digital and mobile capabilities have taken hold on payments and data security, acquirers and independent sales organizations have needed to quickly ramp up their tech knowledge.

Seamless is aggressively pushing the reach of its SEQR wallet through global partnerships designed to make the app available at millions of merchant locations, enable technology-agnostic transactions, and pry more retailers away from bank issued cards.

Coordinators of a blockchain project backed by the financial industry say they have successfully demonstrated that the distributed ledger technology can be used to syndicate, trade and make payments on leveraged loans.

The prepaid card issuer was accused of deceiving customers in ads claiming that getting approved was easy, and funds would be available right away.

Affordable housing advocates are skeptical of claims by the Department of Housing and Urban Development that proposed cuts to the agency's budget will eventually be made up for by additional funding in the infrastructure bill.

New research from the New York Fed confirms a lingering worry for the banking industry: More prime-age, college-educated borrowers are delaying the decision to take out their first mortgage as they focus instead on paying off their student loans.

New branches, big donations and all kinds of ways to give back.

Texas Capital ties bankers’ bonuses to loan performance instead of volume. The strategy has aided recruitment and helped the bank achieve exceptional loan growth while keeping credit quality respectable.

The U.S. government ordered Wells Fargo to reinstate a former bank manager who was fired after reporting suspected illegal behavior to his superiors and a company hotline.