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Square Inc. is rolling out mobile payment services in the U.K., marking its biggest global expansion in a push to boost growth while the U.S. market nears saturation.
March 28 -
Amazon.com Inc. has agreed to buy Dubai-based online retailer Souq.com, betting that e-commerce in the Middle East is poised to take off.
March 28 -
With AmazonFresh Pickup, a brick-and-mortar extension of its grocery delivery services, Amazon is edging further into the crowded grocery market with a model that downplays the process of wandering the aisles of a physical store. But unlike some of Amazon's other retail efforts, this one is not as big a departure as it first seems.
March 28 -
A group of 10 Republican senators are calling on Treasury Secretary Steven Mnuchin to drop the government’s appeal of a ruling last year that rejected MetLife’s designation as a systemically risky firm and to de-designate the remaining two SIFI nonbanks.
March 28 -
The Office of the Comptroller of the Currency is trying to do its part to address fintech regulation, but the OCC lacks the mandate to solve the broader fintech issues facing the entire financial ecosystem.
March 28
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Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents.
March 27 -
Community banks, big commercial banks and Wall Street investment houses are finding common ground in small-business loan funds that help Main Street, minimize potential losses on credit extended to young companies and sometimes lead to new business prospects.
March 27 -
As banks work to integrate their mobile apps with their physical channels, the march toward universal cardless ATM technology continues.
March 27 -
Google Play and CFSI aim to improve use of financial health apps through a storefront organized by consumers' needs and by publishing a guide for app developers.
March 27 -
The demonstration was staged by a union-affiliated group that wants to organize bank workers.
March 27 -
Large merchants are re-energized in their conflict with Visa and Mastercard on the issue of swipe-fee costs, following the U.S. Supreme Court’s refusal to reinstate a class-action settlement that deeply divided many of the plaintiffs.
March 27 -
By bending over backward when borrowers trade in an older car for a new one, lenders are said to have embarked down an unsustainable path. The warning, by Moody’s, adds to concerns about credit quality in auto lending.
March 27 -
A small detail in Deutsche Bank's loans to Donald Trump's real-estate business has turned into a headache at the bank, as its effort has stalled to restructure part of the $300 million or so in debt.
March 27 -
Author Rachel Schneider on income volatility problems; Travis Dulaney talks instant payments; American Banker's Mary Wisniewski discusses the OCC's fintech charter, data aggregation battles, and alternative data.
March 27 -
By bending over backward when borrowers trade in an older car for a new one, lenders are said to have embarked down an unsustainable path. The warning, by Moody’s, adds to concerns about credit quality in auto lending.
March 27 -
The more vocal millennial generation is pushing companies like Bank of America to redefine diversity in the workplace to include more freedom of expression.
March 24 -
The Consumer Financial Protection Bureau
issued a proposal that would give mortgage lenders more flexibility in collecting information on race, sex and ethnicity of home loan applicants.March 24 -
Ann Marie Mehlum, who has joined a lending platform called SmartBiz Loans after stints as a community banker and an SBA official, says the combination of fintech and old-fashioned banking could bring back small-business loans under $100,000.
March 24 -
Mastercard and Samsung India have partnered to roll out Samsung Pay to millions of customers of Indian banks.
March 24 -
Mastercard has hired Sandra Arkell as its new executive vice president, corporate controller and principal accounting officer.
March 24

























