Merchant

The day after Chinese e-commerce giant JD.com Inc.’s mid-year sale, a company drone took off from a playground in the city of Xi’an to deliver one of the orders. The six-rotor craft is one of about 40 JD.com designed to cut delivery times.

Joel Tucker is the brother of Scott Tucker, who in January was sentenced to 16 years in prison for perpetrating an unrelated payday-loan scheme.

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.

Chris Furlow, who was a founding staff member at the Department of Homeland Security, is now the president and CEO of the Texas Bankers Association.

The Oakland company has hired Colleen Atkinson, a former manager at HSBC, to oversee its new professional banking business line.

The Illinois commercial bank gained a new role when it realized it shared the same digital transformation challenges as its customers.

Banc of California in Santa Ana will cut roughly 9% of its workforce as it looks to trim $15 million in expenses.

It usually costs small businesses a lot of time and money to calculate their own value. TD Bank is offering them a free digital tool that performs the task quickly.

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

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