Americas

The Minnesota-based credit union said its current system was not keeping up with the marketplace.

Despite Canada's high penetration of contactless POS terminals and consumer affinity for the technology, the country has lagged behind nations such as the U.K. and Singapore in contactless payments. That is set to change as Canada's transit schemes launch contactless open-payment systems.

The $18 million-asset credit union has lost money each year since at least 2015. Service 1st, meanwhile, made more than $3.1 million last year.

RIchardson & Stout, which is based in western New York, is the 16th insurance business that Evans has bought or agreed to buy.

Fill a room with bankers and you'll hear a wide range of views on technology's role in their business.

The Supreme Court has sided with states in a dispute over sports gambling, a double victory for payment processors, which can use largely existing tools to serve an entirely new market.

The two major national credit union trade associations have sent recommendations for improving the Consumer Financial Protection Bureau’s enforcement processes.

Bank of Hawaii will serve Japanese citizens looking to conduct business in the United States.

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.

Beacon Community Bank, which opened in January, raised $34 million through a private placement.