Fintech

The move by Kroger Co. comes in response to rising interchange fees on Visa's premium credit cards. The cards will be banned at 142 Smith's stores in the western U.S.

FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy.

Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks.

The National Credit Union Administration issued a prohibition order against Deborah Peters, who worked at Wilkes-Barre City Employees Federal Credit Union.

ACI’s $750 million deal to acquire Western Union’s Speedpay allows Western Union to clear its decks while ACI clears its runway.

Thailand’s Siam Commercial Bank (SCB) is launching its first credit card through Japan’s expanding JCB card network, targeting young adults who like to travel throughout Asia.

As the cross-border B2B payments segment drives new activity among partners and investors, TransferMate has teamed up with Tradeshift, a startup specializing in payments within the supply-chain marketplace.

Steans, a former LaSalle Bank chairman who also led the financial crisis recapitalization that saved Taylor Capital, died on Tuesday. He was 83.

If competitors continue to seek ways to one-up the Society for Worldwide Interbank Financial Telecommunications messaging system for cross-border transactions, there is mounting evidence — and numbers — that many banks are comfortable with Swift's modern processes.

The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers.