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The SAFE Banking Act is on hold after Sen. Mike Crapo announced his opposition to it. One observer suggested that could have a "chilling effect" on CUs looking to enter the pot banking space.
January 6 -
In seeking a more secure way for consumers to use payment cards when shopping online, Deutsche Bank, Mastercard and Idemia say they have launched the first motion code card in Spain.
January 3 -
Stablecoins, with their instant settlement and high liquidity, averts the issues that have long plagued cross-border transactions
January 3Legacy Trust -
One of the biggest untapped areas of payment innovation is in consumer bill payment, which makes up 30% of U.S. consumer spending, with banks currently playing a shrinking role in the $4 trillion segment.
January 3 -
While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along.
January 2 -
Whitefish FCU in Montana and Hanscom FCU in Massachusetts have both returned money to members on the strength of those institutions' 2019 performance.
January 2 -
Steuben Trust received two bites from potential MOE partners, but the New York bank’s lightly traded stock and many other challenges forced a sale to a much larger rival instead.
January 2 -
The winner of this next phase of development won't be an app. Instead, it will be almost invisibly woven into the DNA of the internet of things.
January 2 -
Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside.
January 1 -
The Toayuan Metro transportation company in Taiwan plans to launch a payment system to allow passengers using contactless cards to travel from the capital city of Taipei to the Toayuan International Airport.
December 31