Fintech

All-electric, zero-emission vehicles make up less than 2% of the market, but a handful of credit unions see an opportunity despite some unusual variables.

Galileo Processing has created a digital banking product that seeks to provide wealth managers with the offering they generally lack: an in-house savings account that pays competitive rates.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

The company agreed to buy Charter Bank, which has four branches and $161 million in assets.

Improvements in digital receipts should be enough to spur greater adoption, argues Mike Golebiowski, president of IBT.

Visa’s recent green light from U.K. regulators to complete its Earthport acquisition was more than just the clearing of a regulatory hurdle — it was a revealing look at how important it has become for the card networks to diversify.

A year after trying to save faltering payday lender Wonga, Balderton Capital is investing in the other side of the model by leading a $19 million Series A funding round in Wagestream, a U.K. startup that provides flexible payroll technology to avoid payday loans.

Banesco USA agreed to buy Brickell more than a year after Banco Espirito tried to sell the Miami bank to a Swiss financier.

Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.

While the European Union positions itself as one common, homogeneous market, the reality is that the European e-commerce market is very diverse with both leaders and laggards.