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Rep. Donald Payne, D-N.J., recently introduced the Payment Choice Act in the U.S. House of Representatives to prohibit retail businesses from refusing cash for payments.
May 15 -
Tencent Holdings Ltd. reported the slowest pace of sales growth since it went public in 2004, as China’s largest company struggles to revive a battered gaming division while battling the country’s decelerating economy.
May 15 -
More than half of all states don’t have an electronic system to track car titles and liens, which increases the potential for fraud and costs for lenders.
May 15 -
Sainsbury’s has launched the U.K.’s first mobile-only checkout-free grocery store, inviting comparisons to what Amazon Go is doing in the U.S. But their models are far from identical.
May 15 -
The Nashville, Tenn., company hired Tim Schools from Highlands Bancshares to succeed founding CEO Claire Tucker.
May 14 -
The new capital will allow the Austin bank to increase its lending limit.
May 14 -
Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry.
May 14 -
The Illinois company will gain six offices after it buys Investors' Security Trust.
May 13 -
Manuel Alvarez, who became commissioner of the Department of Business Oversight on Monday, is the former general counsel and chief compliance officer at the online lender Affirm.
May 13 -
Earlier this year Joe Christian was named to lead the Albuquerque, N.M.-based institution on an interim basis after its previous CEO resigned.
May 13 -
New legislation in Iowa that allows banks and credit unions to use electronic notaries could help local lenders compete with online competitors.
May 13 -
The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral.
May 13 -
New legislation in Iowa that allows banks and credit unions to utilize electronic notaries could help local lenders compete with online competitors.
May 13 -
State officials are looking into a sexual harassment complaint filed against Ronald Rubin, Florida's recently appointed top banking regulator.
May 11 -
The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.
May 10 -
Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.
May 10 -
Germans' devotion to cash is waning, as payments cards edged out cash for total transaction value in German retail sales in 2018.
May 10 -
Maurice Smith, a former CUNA board chair with more than 35 years in the credit union movement, will receive the award during the African-American Credit Union Coalition's annual conference this summer.
May 9 -
Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.
May 9 -
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase.
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