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U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.
May 15
American Banker -
Plate IQ has integrated its automated accounts payable technology for restaurants with the new Square for Restaurants point-of-sale system.
May 15 -
The technology platform powerhouse is betting on integration, but competitors eye disruption.
May 15 -
The proposed change would give banks more leeway in making trades and put more onus on regulators to challenge their judgments, sources said.
May 15 -
The two major national credit union trade associations have sent recommendations for improving the Consumer Financial Protection Bureau’s enforcement processes.
May 15 -
A need for risk-focused data aggregation and analytics tools is at the heart of IBM's latest acquisition for its bank consulting portfolio.
May 15 -
Supporters say pending legislation would help consumers with little or no credit history. But the bill would instead roll back key consumer protections.
May 15
Pennsylvania Utility Law Project -
Chase will have its place on the BigCommerce platform soon, as retailers will be able to accept Chase Pay on their online stores this summer.
May 15 -
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.
May 15 -
The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division.
May 15 -
JPMorgan Chase’s Thasunda Duckett is living her ancestors’ wildest dreams; Morgan Stanley could take a lesson from Citi on reining in rainmakers; and Jelena McWilliams faces tough choices at the FDIC. Plus, babysitting gets approved as a new type of campaign expense.
May 14
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A recent Washington Post investigation revealed that J. Mark McWatters runs the National Credit Union Administration from his home in Dallas, raising questions about his being tapped to head the consumer agency.
May 14
American Banker -
From a refresher on basic payments terminology to the new battle of VHS vs. Betamax, here are some of the highlights from the recent Trellance conference in Fort Lauderdale.
May 14 -
The Fed and FDIC are at odds over how proposed changes to the supplemental leverage ratio would change megabanks’ capital levels. Here's why both estimates are right but misleading.
May 14 -
The Providence, R.I., company said that Citizens Access will open for business nationwide next quarter.
May 14 -
Marcus unit will start taking deposits in the U.K. next month; the bank uses the technology to complete a trade finance letter of credit for Cargill.
May 14 -
Artificial intelligence will reshape the job landscape at banks; people still want to open accounts at a branch; Mick Mulvaney stacks CFPB bench with political appointees; and more from this week's most-read stories.
May 11 -
A long-anticipated financial rule could help law enforcement root out illegal activity, but it requires banks to keep extra-close tabs on certain business clients. That won't be easy.
May 11
Promontory Financial Group -
As more consumer data is shared across banks, fintechs and data aggregators, the industry is asking for regulators to step in with better guidance.
May 11 -
It can be difficult for financial services companies to glean customer insights from the abundance of information they have.
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