Fintech

Online and cloud-hosted B2B services are on the rise, breaking apart traditional payroll and exposing pain points for technology developers to address.

The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.

Despite concerns over how regulatory requirements affect short-term funding markets, the central bank is not considering a reduction in the liquidity coverage ratio, Jerome Powell said.

Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.

The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.

MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.

In a sign of how much Walmart Inc. is betting on e-commerce, the retailer’s revamped credit-card program with Capital One Financial Corp. offers better rewards for online shopping and checking out with its mobile app.

The company will pay $29 million for Cornerstone Financial Services.

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.

Months after retooling its Amazon Go store checkout process to accommodate customers who prefer to pay with cash, the e-commerce giant had added a way for consumers to pay for Amazon e-commerce purchases with cash at U.S. Western Union outlets.