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It's no surprise that London topped the chart of "Cashless Capitals" in a recent study, considering its status as a major fintech hub of the U.K. But this wasn't enough to make it the country's contactless capital.
April 10 -
Following its acquisition last November of Capital Bank in North Carolina, First Horizon will fund mortgage and small-business lending in low-income areas of the Southeast and expand its vendor relationships with minority-owned firms.
April 10 -
Credit unions will know soon how much regulatory relief they might see from Congress and the Consumer Financial Protection Bureau.
April 9 -
Checkout.com has used alternative fees and a high-touch approach to build a market for its online payments toolkit in Europe. Now it's come to the U.S., where the likes of Stripe and Braintree already own a sizable chunk of the market.
April 9 -
So far, U.K. fintechs' options range from relocating to other countries to finding ways to offset negative effects by attempting to “Brexit-proof” their businesses. The latter option can still be a substantial undertaking.
April 9 -
The St. Louis-based company partnered with 38 new credit unions last fiscal year.
April 6 -
Coincheck Inc., the cryptocurrency exchange that lost about $500 million of customer deposits to hackers in January, was acquired by Monex Group Inc. in a deal that sent shares of the Japanese retail brokerage soaring to a five-year high.
April 6 -
The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.
April 6 -
The $2.9 million-asset Dugway Federal Credit Union served fewer than 700 members.
April 6 -
James Smith said he would decide soon whether he’ll seek the Republican nomination for governor. He said he was inspired partly by his recent work on a commission tasked with recommending fixes to the state’s fiscal and economic problems.
April 6 -
The Auburn Hills, Mich.-based credit union serves 200,000 members with more than $2.3 billion in assets.
April 6 -
The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015.
April 6 -
In yet another twist on the idea of a cryptocurrency debit card, MoxyOne has developed its own network as a way to address the setbacks some have faced in relying on Visa and Mastercard.
April 6 -
Credit unions have seen a slew of legal victories in lawsuits claiming CUs' websites violated the Americans with Disabilities Act, but there are fears attorneys pursuing those cases may be changing their strategy.
April 5 -
The U.K. government has committed to a 5G Urban Connected Communities Project for a city-wide trial of 5G wireless technology as part of the fourth phase of the government’s 5G strategy. This trial should spark substantial investment in new payments technology.
April 5 -
KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seats.
April 5 -
Companies that aspire to be the Uber of their industry should take a second look at the ride-sharing market, where Grab has become a lightning rod of payments investment and innovation.
April 5 -
National Credit Union Administration board member Rick Metsger says a federal judge overstepped the court's bounds when striking down portions of the agency's field-of-membership rule, but stopped short of saying the regulator planned to appeal the decision.
April 5 -
The rebates are part of the league's "Member Engagement Rewards Program."
April 5 -
Latrobe Area Hospital Federal Credit Union chose the new provider to improve its member-facing technology, and save both time and money.
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