Fintech

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.

Different digital wallets are designed for different purposes and merchants should do their research and respond accordingly, writes Ralph Dangelmaier, CEO of BlueSnap.

The acquisition will help Carolina Trust expand its operations around Charlotte.

Mobeewave is rolling out its mobile point of sale technology in the United Arab Emirates, a country that still has very high cash usage despite government initiatives to encourage digital payments.

A business plan for bitcoin with consumer need behind it has yet to be proven, said Hikmet Ersek, CEO of Western Union.

Wirecard has created a blockchain-based B2B application to streamline payments for merchants buying raw materials like coffee, crude oil and steel.

The Israeli-owned company, which spent the last half-decade addressing stagnation, is open to acquisitions or going public.

The advancement of digital wallet technology in the past five years may be having a numbing effect on e-commerce merchants, who favor familiar brands over big-name wallet apps.

Institutions that have been opening consumer accounts without consent need to prepare for the fallout, even if the OCC has said it won't name names.

Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.