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Typically called softPOS or Tap to Pay, the technology allows sellers to receive transactions without add-on hardware. It's becoming a popular payment option for small business and mobile sellers and other users.
April 7 -
The top five banks and thrifts have combined total home equity loans of more than $97 billion as of September 30, 2022.
April 6 -
M&A activity has been going through a slump recently, but despite regulatory challenges and fears of a recession, the appetite for deal-making remains strong.
April 6 -
PhonePe backs away from a buy now/pay later acquisition, Germany fines EY for Wirecard scandal, and more.
April 5 -
The top five banks and thrifts have an average adjusted nonperforming loan ratio of 10.55 as of September 30, 2022.
April 5 -
The top five banks and thrifts have combined deposits of more than $7.5 trillion as of December 31, 2022.
April 4 -
StellarFi, Stratyfy, FinClusive and Oscilar have all had positive news in recent days.
March 31 -
M&T Bank joins a Massachusetts fintech-focused hub; Republic Bancorp in Louisville, Kentucky, once again expands in the Cincinnati market; ChatGPT suffers a security lapse and more in this week's banking news roundup.
March 31 -
In March's roundup of American Banker's favorite stories: How rising interest rates took community banks by surprise, small banks and credit unions react to the collapse of Silicon Valley Bank, ex-Wells Fargo executive Carrie Tolstedt faces potential jail time and more.
March 31 -
Klarna adds chatGPT, BNP Paribas outsources to the Nordics, Mastercard teams with a French fintech and more.
March 29 -
The top five community banks have combined commercial and industrial loans of more than $2 billion as of September 30, 2022.
March 28 -
The Fed slightly raised interest rates, Amazon brings 'palm payments' to Panera Bread, the SEC cracks down on Lindsay Lohan, and more.
March 24 -
U.K. regulators warn payment companies, Goldman Sachs invests in Saudi fintech, and more.
March 22 -
Retailers are increasingly working with banks to implement loyalty programs that keep the merchant in control — but which still encourage spending from a specific bank account.
March 21 -
This week in banking news: First Republic's $30 billion rescue fails to calm investors; Pima Federal Credit Union in Arizona adds new members; Visa and Mastercard successfully navigate a challenge to an antitrust settlement; and more.
March 17 -
NatWest joins U.K. banks in limiting crypto, Mastercard teams with fintech in the UAE, and more.
March 15 -
The top five have more than $2.5 million in first mortgage loans as of September 30, 2022.
March 11 -
This week in banking news: Discover EVP Diane Offereins is retiring, Worldline enters the metaverse, SNAP pilots mobile payments and more.
March 10 -
The voluntary liquidation of one of the most crypto-friendly banks has sent ripples through political and policy circles, but the concrete effects and lessons to be learned may take time to untangle.
March 9 -
This week's global news roundup includes Apple Pay securing a lingering holdout; a CBDC project that targets FX rates, and more.
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