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India's latest government-supported payments initiative, Bharat QR, officially launched on Monday, aiming to provide an interoperable mobile payments platform linking small merchants and consumers across channels via several major card payment networks.
February 21
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While Apple battles a group of large Australian banks over terms of its mobile payments app, it has entered separate deals with ING Direct and Macquarie.
February 21
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Northern California-based CU says new name better communicates its heart and soul.
February 21
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In addition to transforming Columbia Banking System and navigating it through the financial crisis, Dressel was an industry leader.
February 21
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RI’s State Treasurer will open deposit accounts with local CUs and banks.
February 17
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Buying clothes can be a tedious process of waiting in lines to get into the dressing room, and then waiting in line again to make a purchase. As it turns out, eliminating the second half of this process can also reduce the first half.
February 17
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West Town will pay $24.6 million in cash and stock for Sound Banking. The deal will close later this year.
February 17 -
The deal comes months after First Merchants bought a minority stake in Independent Alliance.
February 17 -
Alex Acosta played an instrumental role helping the bank raise capital and emerge from a 2011 regulatory order.
February 16 -
The Canadian Federation of Independent Business (CFIB) and Mastercard have reached an agreement that will reduce payment card interchange rates for members of Canada’s largest small-business organizations, bringing them on par with large merchants’ rates in the market.
February 16
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Long Island-based CU celebrating 50th anniversary and hitting the $1 billion-asset mark this year.
February 16
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The deal with American Homestead Mortgage will allow Wintrust Mortgage to move into northern Montana.
February 16
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The OCC wants California First to implement “prudent concentration limits” on leveraged loans.
February 15
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Michigan-based credit union returns more than 50% of 2016 net earnings, $6 million awarded since 2013.
February 15
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Texas Trust and Qualtrust CUs have announced their intention to merge under the Texas Trust banner.
February 15
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The Dorchester, Mass.-based CU liked COCC’s robust functionality.
February 15
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ISOs and agents have a firm hold on selling payment terminals, but that's not where the real action is. Today, merchant acquiring is about tying payments to things such as advertising, marketing and loyalty programs.
February 15
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Lisa Paul-Hill will take over for retiring Stan Abrams on April 1.
February 15
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The growing number of Chinese consumers traveling to the U.S. and other countries is becoming a two-for-one opportunity for payment companies. The market's gigantic and growing — and it has a lot of trouble executing transactions.
February 15
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PayPal has agreed to acquire TIO Networks, a Canadian company that sells software that powers bill payment processing, particularly for underbanked consumers.
February 14
