Americas

How PayPal obtained a payments license to operate in China — an achievement that’s long frustrated the biggest U.S. banks and payments networks — sheds light on the unique challenges of breaking into the world’s biggest payments market.

The institution also remained well capitalized and its membership rose in the first half of the year.

With credit discrimination still legal in many states, the Michigan-based institution aims to help this marginalized group.

Digital financial services provider Revolut is expanding a partnership with Visa that will allow it to nearly double its global footprint by adding 24 new markets, including the U.S.

Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.

Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.

A growing number of institutions offer concierge services for staff members as a way to boost employee retention.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.