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In a twist, bank lobbyists in the Sunflower State did not push back against nearly 70 proposed changes.
April 12 -
Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls.
April 12 -
The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing in Europe so far this year and the third major IPO of a payment-processing institution in the region in less than a year.
April 12 -
French card issuer Prepaid Financial Services has partnered with Google to allow its customers in the U.K. to add their prepaid cards to the Google Pay mobile wallet.
April 12 -
The Fitchburg, Mass.-based institution also started an insurance agency and upgraded its mobile banking last year.
April 12 -
Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.
April 11 -
New York's former banking superintendent will spend much of the next three months advising fintech startups on how to cope with regulators.
April 11 -
Social media commerce platform provider Jumper.ai is helping Amazon merchants complete online transactions without the buyer being redirected to the Amazon online marketplace.
April 11 -
Alipay Financial Services’ Hong Kong unit is collaborating with McDonald’s, enabling consumers to order and pay for items at the fast-food chain within the AlipayHK wallet.
April 11 -
The bipartisan bill, praised by credit union trade groups, is the top 2019 legislative priority for the Defense Credit Union Council.
April 11 -
Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.
April 10 -
With the U.K. government still at stalemate over Brexit, the prospect of leaving the European Union without a deal remains a very real possibility. Despite some recent agreements, this could have major implications for the U.K. payments industry.
April 10 -
The Evergreen State is the latest to make a push to modernize the rules governing state-chartered credit unions.
April 10 -
The venture, which will do business as CU APPS, will offer mobile apps for other credit unions.
April 10 -
There's plenty credit unions can do to compete with the likes of Quicken Loans' Rocket Mortgage, but sources cautioned more than technology will be needed to boost the bottom line.
April 10 -
Contactless transit fare systems are drawing lots of investment despite several false starts in the U.S. But new numbers out of London show there are clear and multiple benefits if the infrastructure can catch up.
April 10 -
The company warned that the move will likely reduce its first-quarter profit by $8 million.
April 9 -
With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital.
April 9 -
China signaled its intent to ban cryptocurrency mining, dealing a fresh blow to an industry buffeted by tumbling virtual currency prices, stiff competition and waning investor interest.
April 9 -
National Australia Bank is utilizing the end-to-end transaction tracking system through Swift's Global Payments Innovation system, making it the first bank in Australia to allow business customers to track international payments through one click on an account platform.
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