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FirstMerit reached out to a foreign bank last fall in an effort to negotiate a sale, but the Ohio company eventually agreed to sell itself to Huntington Bancshares for $3.4 billion.
June 9 -
'Split the bill' is a popular way to explain the utility of everything from account transfers to social network-enabled payments. For Rabobank subsidiary MyOrder and Wirecard, it's the impetus for a group mobile wallet.
June 9 -
"The CFO's role is evolving from bean counter to enterprise value architect," says Aneel Delawalla, managing director for CFO & Enterprise Value at Accenture.
June 9 -
The Securities and Exchange Commission has given community banks and other small companies more flexibility to issue private stock, but even more flexibility should be granted to fulfill congressional intent.
June 9
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HSBC and American Express Ventures are part of a $75 million investment in Tradeshift, a company that speeds payments between companies and suppliers.
June 9 -
Kyle Largent offered himself up as "Exhibit A" for U.S. online merchants' greatest fear: that EMV chip card adoption at the point of sale would cause fraud to spike online.
June 9 -
WSFS Financial Corporation in Wilmington, Del., is looking to raise $100 million through the sale of notes and plans to use the proceeds for a range of purposes, including possible acquisitions.
June 9 -
Outstanding consumer credit, a measure of nonmortgage debt, rose by a seasonally adjusted $13.4 billion in April from March, according to the Federal Reserve.
June 9 -
Many U.S. retailers are still not processing EMV transactions, even though they have machines equipped to do so. Now with the release of new technology to speed up the process, will more merchants get on board?
June 9 -
Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.
June 9




