Fintech

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.

Within hours of learning about the breach, Brinker International, parent company of the Chili’s chain, issued a news release, website notice and social media advisories informing consumers and other interested parties of the incident, writes John Gunn, CMO of OneSpan.

Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?

An integrated payments and receivables solution is helping two Michigan credit unions boost engagement with small business members.

Canadian cardholders are holding back from applying for travel rewards-linked credit cards while they wait for the fallout from Air Canada’s decision to withdraw from the Aeroplan coalition loyalty scheme.

The commercial that shows a landlord using Apple Pay Cash and iMessage to pry rent out of a tenant is meant to elicit a chuckle, but it also shows how P2P providers must aggressively communicate the capabilities of their apps.

The company will no longer originate indirect auto loans outside of Florida and Georgia.