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Baidu Inc. predicted revenue may slide as much as 13% this quarter, joining its fellow technology giants in warning about the impact of the deadly coronavirus.
February 28 -
Afterpay has found an opening in the U.S. by targeting the millennials who don't have a credit card to use at the point of sale.
February 28
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Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.
February 27
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The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast.
February 26
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Lineage Financial Network, led by former Franklin Financial CEO Richard Herrington, plans to acquire Sumner Bank and Citizens Bank.
February 26 -
The U.K. is the latest market where eBay will assume direct control of its payments experience, as part of its prolonged breakup with PayPal.
February 26
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Recent political controversies are forcing credit unions and industry groups to reconsider their support for lawmakers they previously endorsed.
February 26
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London-based Checkout.com views the acquisition of ProcessOut and its data analytics platform as a complement for its end-to-end payments service, as it seeks to build strength in the European market and eyes further expansion into Asia Pacific.
February 25
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Small World Financial Services is addressing a gap in its cross-border network by making a deal to buy French money transfer agent MoneyGlobe.
February 25 -
Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.
February 25 -
The U.K.’s Co-operative Group is creating a new model for online grocery shopping by using its network of convenience stores as local distribution centers.
February 25
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Recent proposals considered or passed by legislatures around the country grant banks certain exemptions, but they differ from state to state and may pose new compliance headaches.
February 24
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Mastercard will expand its European Technology Hub in Dublin over the next three to five years, as the card network plans to create more than 1,500 tech jobs at the site.
February 24 -
Rep. Gregory Meeks is unhappy with the National Credit Union Administration's recent sale of more than 4,000 taxi medallion loans to a hedge fund.
February 24
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Karyn Davis has taken over as chief executive following Linda Stanton's retirement.
February 21
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Data from regulators in the Badger State show state-chartered CUs making gains in several key areas in 2019 even amid a dip in ROA and an increase in allowance for loan losses.
February 21
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Roger Heacock, president and CEO of the South Dakota-based institution, will step down in January.
February 21
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It’s an odd, and unwelcome, test of new retail technology that allows consumers to shop with minimal interaction with others.
February 21
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The credit union regulator's portfolio sale dashed the hopes of a group of New York taxi drivers looking for relief.
February 20
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The Bank of England issued a new polymer £20 note into general circulation at a time when consumers are increasingly eschewing cash in favor of digital payments.
February 20
