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Bankers at Sonoma Valley Bank were convicted of bank fraud, money laundering and other offenses.
August 6 -
The board of Projector Federal Credit Union said it was looking for a merger partner committed to providing high value for its membership.
August 6 -
Interac and Bambora see an opportunity to pull back Canadian domestic e-commerce transactions from credit cards to Interac debit and make it possible for Canadians to shop online in the U.S. with Interac cards.
August 6 -
CommuterClub provides loans so consumers can purchase annual season passes online, instead of monthly or weekly passes and spread the cost over monthly installments.
August 6 -
Understanding the obstacles of payment gateways and how to navigate them can help you expand your business and scale profits efficiently, writes Olivier Schott, founder and chief marketing officer of Scalefast.
August 6
Scalefast -
Banks and marijuana dispensaries are getting closer to having a more cohesive relationship. But not close enough to bring cannabis sellers out of the high-risk category.
August 6 -
If President Trump’s tariffs on steel and other products stay in place long, big U.S. importers would be hurt and pass on the pain to their midsize and small-business suppliers — which are the bread and butter of commercial lending.
August 3 -
Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.
August 3 -
Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.
August 3 -
The plaintiff voluntarily dismissed legal action against tiny Houston-based SPCO Credit Union.
August 3 -
A legal battle is being waged between a U.S. bank and its insurer over the insurer’s refusal to pay out on a cyber policy, in the wake of hacks on the bank which led to a loss of over $2.4 million. The case flags the problems of insurance in the fast-moving world of digital security.
August 3 -
Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.
August 2 -
The process for the credit union to acquire State Bank of Georgia began late last year.
August 2 -
Pinduoduo's controversial IPO was seemingly a world removed from western merchant acquirers, but it's yet another example of how social payments can upend conventional relationships between merchants, shopping and payment processing.
August 2 -
Starbucks Corp. is joining forces with Alibaba Group Holding Ltd. to begin delivering its drinks and baked goods in China, rolling out an effort to stave off competitors and turn around sales in the country.
August 2 -
The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.
August 1 -
Seven credit unions have asked Michigan's banking regulator for permission to launch a trust company, a move that bankers says oversteps that industry's role of helping people of modest means.
August 1 -
London-based fintech Flux is leveraging open banking and PSD2 to work with U.K. banks and retailers to give their customers paperless receipts, digital loyalty stamps and digital cashback offers.
August 1 -
Michaels is a third-generation credit union CEO and was an early member of the Crasher group, known today as the Cooperative Trust.
August 1 -
Former postal CU expanding charter, changing core system for first time in 20 years.
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