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Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online shopping.
July 19 -
First Home Bank raised nearly 20% more than it sought from investors, providing proof that Florida — especially the Tampa Bay area — is a hotbed of activity.
July 19 -
Citigroup is trying to gain an edge in the hotly contested category by introducing these competitive elements to its revamped Citi Prestige card.
July 19 -
Turning a pre-existing digital payment network into an in-store line buster has been a key play for Starbucks and Square, and Amazon is weighing in with its own app that allows its huge network of users to streamline retail experiences.
July 19 -
Second-quarter profit improved modestly at Northern Trust as severance costs offset growth in trust and institutional services.
July 19 -
Mass transit systems have been proven as an effective way of introducing new technologies and driving adoption in many regions, but in many ways they are still vastly behind schedule.
July 19 -
The Dallas company is in the middle of a dramatic turnaround after scaling back on energy loans and slashing expenses. Still, followers of the company seek assurances that the discipline will endure.
July 18 -
A yearlong effort to slash costs boosted profits at the Dallas company.
July 18 -
As retailers scratch their heads to find ways to counter Amazon's ongoing disruption of their industry, investment is flowing to technology companies that meld shopping, payments and fulfillment.
July 18 -
The Pittsburgh bank is developing new products, simplifying old ones and modernizing its workplace based on detailed feedback from consumers, small businesses and employees in an attempt to create a bank they all like better.
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