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While the gig economy has become more prevalent in recent years, the traditional banking market has provided few innovations for tackling the various payment-related challenges faced by businesses which utilise these workers.
January 3 -
Chartway Federal Credit Union now has roughly $2.2 billion in assets and more than 190,000 members.
January 2 -
As the federal budget dispute shoves an increasing number of government workers to the sidelines, there’s a window to provide payments relief that’s superior to options such as payday lending and bartering.
January 2 -
The Sidney, Mont.-based institution distributed the payments earlier this week.
January 2 -
London-based Vegannection has launched a prepaid card for vegans that’s accepted only at merchants that pass its standards test.
January 2 -
A smooth integration of Access National could allow John Asbury, CEO of Union Bankshares, to move a step closer to building a regional franchise that stretches from Baltimore to Hampton Roads.
January 2 -
Samsung is exploring the development of a smartphone-based cryptocurrency wallet, according to a recent patent application the electronics giant filed in the U.K.
January 2 -
Nearly a year after Chinese phone maker Huawei announced plans to expand Huawei Pay internationally, the mobile payment service has gone live in Russia, its first foreign market.
January 2 -
This is the second consecutive year that the South Dakota institution has paid out the patronage bonus.
January 2 -
New CEO John Turner hasn't fully laid out his vision for the future, but it clearly will involve hiring specialized lenders, balancing labor-saving AI with old-fashioned relationship building, and more streamlining.
January 2 -
As perhaps the world's most wide-reaching, comprehensive data protection rule, the General Data Protection Regulation is having a ripple effect that almost seemed inevitable.
January 2 -
Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.
December 31 -
Spirit Community Bank is the 15th bank to get the agency's approval this year. That list also includes Community Bank of the Carolinas, which was approved in early December.
December 31 -
The U.S. fintech hopes its service will help encourage financial inclusion in Mexico, where 65 percent of the population is in the informal economy.
December 31 -
James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.
December 30 -
A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.
December 28 -
U.K. credit card spending rose an annual 7.5 percent in November, as consumers increasingly prefer to spend on plastic, according to UK Finance.
December 28 -
The branch closures will reduce overhead by an estimated $1.9 million a year.
December 28 -
The 2019 outlook for China’s cross-border e-commerce sector remains positive due to strong consumer demand, favorable regulations and tech-savvy shoppers’ interest in convenient mobile pay options, writes Franklin Chu, managing director for Azoya USA.
December 28
Azoya International -
HarborOne Bancorp — led by James Blake, one of our five community bankers to watch in 2019 — is a former credit union that recently made its first bank acquisition and has Boston and other markets in its sights.
December 27




















