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Payments are getting more complex as business gets more global, adding channels and expanding ways to sell. Part of the strategy at the matchmaker crowdSPRING is to find a match of its own: AliExpress, Alibaba's online marketplace. It’s also considering a foray into virtual currency.
August 21 -
Monday’s eclipse is an astronomer’s dream, but CUs’ responses range from trying to make hay while the sun isn’t shining to preparing for potential disaster.
August 18 -
The latest draft of EU securitization rules would ban securitization of loans where borrowers certified their own income, raising concerns about banks’ ability to unload roughly $1 trillion of nonperformers.
August 18 -
The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.
August 18 -
China's Alipay already has broad global reach—its mobile wallet is accepted at more than 100,000 retail locations in 70 international markets—but in North America it’s just getting started.
August 18 -
Lynn Harton was finally named CEO of United Community Bank after a five-year apprenticeship, though Jimmy Tallent remains CEO of the parent company. The executives have long touted an ability to bounce ideas off each other as a reason for United's success.
August 17 -
Cash is still the most popular payment method in the U.K., but contactless cards and mobile payments gained significant momentum over the past year, according to new data.
August 17 -
CULedger, LLC is backed by CUNA, Mountain West CU Association, Best Innovation Group.
August 17 -
The Alabama company agreed to buy FirstAtlantic Financial for $108 million.
August 17 -
East Feliciana Teachers Credit Union had fewer than 400 members at the time the merger was finalized.
August 16 -
Recently retired CEO of VyStar CU in Florida lauded for service, leadership.
August 16 -
Three years after guiding the Baltimore bank through bankruptcy, the group that recapitalized it found a similar institution eager to form a new partnership.
August 15 -
The Baltimore bank, which was on the brink of failure before a group recapitalized it, is selling itself to Howard Bancorp.
August 15 -
The Commonwealth Bank of Australia money-laundering scandal has damaged the public's perception of the whole banking sector, according to the head of the industry's lobby group.
August 15 -
Like many banks its size, CenterState in Florida may need to venture out of state to find a big enough acquisition to make additional compliance costs worthwhile.
August 14 -
Carmen Sylvester will take the helm at the credit union, following the departure of CEO Daniel Waltz, who is now CEO of City of Boston CU.
August 14 -
Walter Merricks, a consumer ombudsman represented by the U.K. law firm Quinn Emanuel Urquhart & Sullivan LLP, said a tribunal judge's analysis of the case was wrong.
August 14 -
Mastercard and Visa have also opened development centers in India, where digital payments are growing quickly.
August 14 -
The Florida company will pay nearly $600 million to buy HCBF Holding and Sunshine Bancorp.
August 14 -
Las Vegas-based credit union has posted 21 consecutive quarters of positive earnings.
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