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Mastercard and Judopay have teamed up to enable mobile payments through The Pharmacy Centre.

British banks are confronting the European import of subzero interest rates that could damage profits already weakened by the coronavirus pandemic as the Brexit divorce rumbles toward its rocky end.

The Miramar, Fla.-based institution is spending $85,000 to help businesses as the economy begins reopening.

The Ohio company said the decision reflects branch overlap and lower customer usage of the locations being shuttered.

Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.

The Baltimore-area credit union crossed the latest threshold despite a dip in net income during the first quarter as many organizations struggle with the coronavirus fallout.

In response to Truliant Federal Credit Union's request for an injunction, the bank said it has already spent $125 million on the Truist branding, and changing that name would add further costs and damage the bank's reputation.

Nicolet Bankshares said its lagging stock price would complicate efforts to complete its planned purchase of Commerce Financial.

Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.

Triad Business Bank in North Carolina, which opened in March, has made $106 million in Paycheck Protection loans.

New Peoples Bankshares said the layoffs were necessary because of the coronavirus pandemic and "a changing financial services industry."

Lobbying lawmakers via videoconferencing has some advantages, but it's unclear if that format will continue to be used once social distancing requirements are eased.

The Iowa company said Brent Giles, who was CEO of a bank that was recently sold, will run its Wisconsin Bank & Trust.

The merger between the two Corpus Christi, Texas-based institutions is expected to close this summer.

PSD2 compliance remains a necessary step to protect data and ID even if the coronavirus presents more challenges, says GlobalSign's Arvid Vermote.

Industry groups also supported Democrat Christy Smith in a special election in California, though it appeared likely she would lose the bid.

Suncoast Credit Union and Apollo Bank have called off their plans to merge.

The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.

C&NW Proviso, which has no website or online services, will gain a slate of new products and additional locations from the deal.

The potential for a new card scheme throughout Europe has been a discussion point surrounding the Single Euro Payment Area since its inception more than a decade ago. A new proposal could bring this concept into reality.