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Wirecard has partnered with Garmin to enable payment acceptance at contactless-enabled payment terminals across Europe through boon, Wirecard’s mobile payment platform.

Murray Williams has been with the league for 22 years and has served as chief operating officer since 2011.

Bigger credit unions present a formidable challenge for banks in areas such as business lending.

With the 2018 hurricane season just around the corner, a recent report from the Federal Reserve highlights how much competition credit unions face when it comes to lending to small businesses recovering from natural disasters.

Silicon Valley Bank expects to receive a banking license from Germany's Federal Financial Supervisory Authority by the end of May and to open its first German location in Frankfurt in the coming weeks.

The Minnesota-based credit union said its current system was not keeping up with the marketplace.

Despite Canada's high penetration of contactless POS terminals and consumer affinity for the technology, the country has lagged behind nations such as the U.K. and Singapore in contactless payments. That is set to change as Canada's transit schemes launch contactless open-payment systems.

The $18 million-asset credit union has lost money each year since at least 2015. Service 1st, meanwhile, made more than $3.1 million last year.

RIchardson & Stout, which is based in western New York, is the 16th insurance business that Evans has bought or agreed to buy.

Fill a room with bankers and you'll hear a wide range of views on technology's role in their business.

The Supreme Court has sided with states in a dispute over sports gambling, a double victory for payment processors, which can use largely existing tools to serve an entirely new market.

The two major national credit union trade associations have sent recommendations for improving the Consumer Financial Protection Bureau’s enforcement processes.

Bank of Hawaii will serve Japanese citizens looking to conduct business in the United States.

Within sports venues, providers want to handle payments and integrate loyalty and other services through every facet of the ballpark and teams operating those facilities.

The open banking model is not very different from what Amazon brought about in retail. Banks have little choice but to embrace the concept, according to Nick Frankland, managing director of fintech at Legal and General.

Beacon Community Bank, which opened in January, raised $34 million through a private placement.

State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike.

Money launderers seem to be ramping up their use of a favorite strategy to clean their illegal funds — paying a small fee to a bank account holder to simply receive and send money transfers. And these so-called money mules are starting young.

Even with the world’s best known virtual currency down more than 50 percent from its record high, thousands of advocates are expected to descend upon New York in what’s been dubbed Blockchain Week.

Each year, 50,000 small and medium-sized businesses in the U.K. are forced under due to late payments. This is the net result of a culture where many large companies regularly make their suppliers wait far beyond agreed terms, before processing payment.