Fintech

Dynamics has been in the high-tech payment card game long enough to see its market disrupted by two major shifts: the U.S. EMV migration and the launch of Apple Pay. Going forward, the company may find that the best way to deal with a fickle U.S. audience is to focus its attention elsewhere.

Another look at how credit unions are making a difference in the lives of others.

The Federal Housing Finance Agency is suspending its ongoing review of new credit scoring models and will instead move forward with creating a regulatory framework for providers of alternative credit scores to apply and be evaluated for use by Fannie Mae and Freddie Mac.

The combination of rising interest rates and increased competition from nonbank lenders is prompting many commercial real estate investors to seek better deals elsewhere.

Bank of America Merrill Lynch has launched a mobile application to support commercial prepaid card programs and their cardholders.

The news that Snap Inc. is shutting down Snapcash, a version of Square Cash offered on its Snapchat social media platform, may have less to do with P2P payments and more to do with the long-term future of the company itself.

First Green Bank in Florida had to stop holding deposits for licensed marijuana sellers as a condition of making a deal.

Once these security and convenience issues are addressed in the mind of consumers, we will likely see a faster mainstream adoption of digital payments, according to Matt Tatham, manager of content insights and data analyst at Experian Consumer Services.

As interest rates rise, banks need to watch how much they are paying on deposits to avoid exceeding rate caps designed to ensure liquidity.

The recent tariff escalations could cause financial pain for specific shopping corridors, particularly in price-conscious locales.