Americas

The board of Projector Federal Credit Union said it was looking for a merger partner committed to providing high value for its membership.

Interac and Bambora see an opportunity to pull back Canadian domestic e-commerce transactions from credit cards to Interac debit and make it possible for Canadians to shop online in the U.S. with Interac cards.

Understanding the obstacles of payment gateways and how to navigate them can help you expand your business and scale profits efficiently, writes Olivier Schott, founder and chief marketing officer of Scalefast.

Banks and marijuana dispensaries are getting closer to having a more cohesive relationship. But not close enough to bring cannabis sellers out of the high-risk category.

Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.

Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.

The plaintiff voluntarily dismissed legal action against tiny Houston-based SPCO Credit Union.

A legal battle is being waged between a U.S. bank and its insurer over the insurer’s refusal to pay out on a cyber policy, in the wake of hacks on the bank which led to a loss of over $2.4 million. The case flags the problems of insurance in the fast-moving world of digital security.

Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.

The process for the credit union to acquire State Bank of Georgia began late last year.