Fintech

American Express is trying to differentiate itself from other card networks by making loans through its bank and incorporating accounts payable services and lending technology it inherited with its acquisitions of Acompay and Kabbage.

American Express is trying to differentiate itself from other card networks by making loans through its bank and incorporating accounts payable services and lending technology it inherited with its acquisitions of Acompay and Kabbage.

The central bank wants to adopt new rules to state clearly that merchants must have a choice of debit networks for card-not-present transactions.

Western Union, the world’s largest money-transfer provider, will soon test banking products for its customers.

National Australia Bank and Australia & New Zealand Banking Group, the country’s third- and fourth-largest lenders by value, are in talks with Citigroup over the assets, according to people familiar with the matter.

The Arkansas company will gain branches around Nashville as part of the acquisition.

The company agreed to pay $104 million for a one-branch bank with $391 million of assets.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

More than a year into the pandemic, with the U.S. economy improving and consumers having paid down debt, bankers are finally loosening the reins in auto lending and credit cards.