Fintech

PNC is approaching corporate clients with new non-plastic card options including Apple Pay, Android Pay and Samsung Pay.

The offering would be a big milestone for Byline Bancorp, which was recapitalized in 2013 by a group led by former Banco Popular North America CEO Roberto Herencia.

Most small U.S. companies don't have the brand awareness in China to stand out among the millions of goods on Alibaba's websites. Alibaba is the virtual mall that houses the brands, but sellers are in charge of production and distribution with little clarity on the demand for their wares.

With midsize businesses still handling the majority of their accounts payable via checks, large corporations are reaping the benefits of digital or card payments. A lot of this has to do with a misunderstanding of the options available to them.

Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden.

Until now, Amazon's moves seemed like cautious pokes at the deeply ingrained habit of going to a store and paying with a plastic card. Furthermore, any competitors may have seen Amazon's lacking retail store presence as a buffer that kept them at least temporarily safe from the same fate that befell the bookselling world. How naive they were.

Amazon is working aggressively to change the way people shop — especially in the grocery space — but not all of its activities focus on products and store design. The e-commerce giant has also influenced a lot about how people use their payment cards.

In order for Apple to achieve significant success with its upcoming P-to-P service, the tech titan needs to expand the amount of people who can use the payments feature.

The Consumer Financial Protection Bureau proposed further changes Thursday to its final rule on prepaid cards and is seeking public comment on whether to delay implementing it a second time.

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.