Fintech

Facebook’s evolving suite of shopping and payment services now includes an option to send funds to another person via Facebook Pay using a QR code.

Longstanding familiarity with each other and years of informal talks helped the companies negotiate their $7.6 billion merger in just two months.

The trend toward open banking and open networks is forcing issuing banks to look more closely at how they can keep pace with customer demands — without the risk of a full tech overhaul.

The Oklahoma regional bank said Steven Bradshaw plans to retire in March 2022.

A comprehensive strategy around when and how consumers pay bills online can better help credit unions understand members' behavior patterns and deepen those relationships.

While competitors are turning to traditional mergers and acquisitions to build market share and boost profits, Cleveland-based KeyBank is betting it can keep pace by rolling out a digital bank for affluent doctors and dentists.

Starting Thursday, firms should stop issuing new loans, bonds and securitizations tied to the discredited benchmark, according to the Bank of England.

The Illinois company would gain its first two branches in Winnebago County as part of the deal.

Organizers of the Florida de novo will need to raise $17 million in capital before opening.

The California company will gain $4 billion of low-cost deposits with its $250 million acquisition of the homeowners association services division.