Fintech

The deal is designed to improve capital ratios and reduce risk at the Seattle company.

Barclays has introduced an SMB credit card with a very targeted perk: It extends the interest-free credit periods up to 116 days for payments made at popular trade retailers Travis Perkins and Toolstation.

Union Bankshares in Virginia sold Shore Premier Finance, a business it inherited from a recent acquisition.

As Nvoicepay expands, the payment automation company is keeping an eye on how it may fall under European data rules that have a knack for requiring compliance even from companies that should be exempt.

In a one-on-one interview with Credit Union Journal, CUNA CEO Jim Nussle explained the thinking behind the trade group’s upcoming national branding campaign – and how they'll pay for it.

Digital Federal Credit Union developed a platform to accelerate fintech development that helps to bake in a valuable partnership between groups that might otherwise be competing with each other.

In the era of digital and mobile payments, many banks and tech companies have strived to completely do away with cash, checks and cards. But quite a few have had to concede that the market isn't quite ready to give up the physical trappings of payments.

Sponsoring so-called pitch competitions helps lenders gain Community Reinvestment Act credit and gather deposits.

Toronto-based Mint Corp. is taking advantage of the UAE government’s ambitious plans to develop a digital, cashless society.

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.