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India's 2018 ban on banks servicing traders and businesses dealing with cryptocurrencies has been overturned by the country's Supreme Court, opening the door for bitcoin and Facebook’s Libra.
March 4 -
The global efforts to contain the coronavirus outbreak are leading to drastic actions that test the limits of what consumers will accept when governments and other entities use their payment data.
March 4
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Now known as Explorers Credit Union, the Yankton, S.D.-based shop serves consumers across South Dakota and Nebraska.
March 4
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Prodigy, a fintech focused on mobile solutions for credit unions, has a new CEO in the wake of a retirement.
March 4
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The financial services affiliate of Alibaba Group Holding Ltd has agreed to buy a minority stake in Klarna, and will expand its international partnership with the Swedish payments firm.
March 4
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Mastercard's U.K. Pay by Bank service has been slow to get off the ground since its 2016 launch. But Mastercard predicts Pay by Bank will see significant adoption in 2020 due to the partnerships it has established with banks and processors, and the popularity of mobile banking among Britons.
March 4
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MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.
March 3 -
The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees.
March 3 -
The Exton, Pa.-based credit union grew its commercial real estate and credit card lending in 2019 from a year earlier.
March 2
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The company agreed to buy Advantage Community Bancshares weeks after announcing a deal for Commerce Financial.
March 2 -
San Diego County Credit Union saw membership rise 4.5% last year, but net income was down due to decreased loan volumes, increased charge offs and higher operating expenses.
February 28
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The Minnesota bank is locked in a bitter legal battle to preserve its independence. Its foe? The charitable organization set up by its founder.
February 28
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San Francisco Bay Area Educators Credit Union became part of San Francisco Federal Credit Union earlier this month.
February 28
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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
