Fintech

The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.

Global fintech Ebanx is partnering with Uber to enable consumers in Brazil to pay for the ride-sharing service by topping up their Uber Cash balance with the country's voucher-based payment system.

When established card networks such as Visa, American Express and Mastercard start investing in fintech lending platforms such as Divido and ChargeAfter — as well as in the fintech lenders themselves such as Klarna and Vyze — it’s a clear signal that the future of unsecured personal loans may not be delivered by banks.

Achieving the myriad business cash flow benefits from RTP is easier said than done, as global standards can conflict with local laws, rules, regulations and organizational culture, says Santander's Chris Bozek.

For many international enterprises, cross-border e-commerce processing is table stakes. And the more complex the payment, the more important it is to handle it quickly.

CardWorks also specializes in subprime credit cards and loans for recreational and marine vehicles.

The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.

London mobile point of sale fintech SumUp has launched a prepaid business Mastercard to its line of small business products.

As faster payments change how quickly companies get paid, these same organizations are looking to add speed to the way they manage internal expenses.

The company will pay $130 million for Commerce Financial Holdings.