Fintech

The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.

A new study from WalletHub ranked each state according to the credit card debt consumers have racked up.

The approach could work as long as the Fed were to add certain thresholds.

Capital One Financial lost data from as many as tens of millions of credit card applications after a Seattle woman hacked into a cloud-computing company server, federal prosecutors in Seattle said.

The Senate is also expected to pass a budget deal that will increase spending and suspend the debt ceiling.

Glint has launched a U.S. version of its European gold-based debit Mastercard and app that creates an alternative currency for long-term savings as well as for use in spending on everyday transactions.

Byline Bancorp is in discussions to buy Parkway Bank and Trust, according to a local publication.

Early Warning's Zelle P2P network processed $44 billion in payment volume over 171 million transactions during the second quarter of 2019, a growth of 56% in volume and 71% in transactions year-over-year.

Most agencies use electronic benefit transfer to deliver funds to prepaid cards, but recipients who need access to cash are often caught in a bind, with fewer convenient or free ATMs available in an increasingly digital payments landscape.

First Financial Banc will gain nearly $300 million in liquidity when it acquires First National Corp. of Wynne.