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Japan is one of the most cash-centric of all developed nations, with about 80% of consumer transactions conducted with paper or coins, but the pandemic triggered some shifts that Adyen wants to capitalize upon.
May 19 -
The target is among the top-performing banks in Utah and the only bank in a five-state region with assets between $3 billion and $10 billion.
May 19
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U.K. and EU regulations enable cards that provide digital-first features for funds kept in a different bank's account.
May 19
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The feature prints users' preferred name on credit and debit cards, and is live in the U.S. with Citigroup, BMO Harris and Superbia Credit Union.
May 18 -
The Springfield, Virginia, credit union named Scott Benson, its chief operating officer, to succeed Lynette Smith as chief executive.
May 18
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The Department of Financial Protection and Innovation has tapped Christina Tetreault as the head of the newly created Office of Financial Technology and Innovation.
May 17
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American State would be the largest bank buyout for Equity, which has acquired 17 banks since 2003.
May 17 -
Dean Marchessault will be succeeded by Senior Vice President Howard Brady at the East Hartford, Connecticut, credit union.
May 17 -
The legislation would bar firms that receive government contracts from discriminating against firearms companies. Smaller banks have quietly dropped their opposition in hopes of gaining more municipal bond business.
May 17
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The Facebook-affiliated stablecoin's move from Switzerland brings it to a country where regulators are familiar with crypto and rival currencies have already debuted.
May 14
