Merchant

With the mobile payments landscape rapidly evolving, banks face a vexing challenge: what should their go-forward strategy be?

Fifth Third Bancorp in Cincinnati has tapped a new chief strategy officer to replace Dan Poston, who will leave the bank to join the payment processor Vantiv.

MasterCard Europe is making a major push to increase mobile payments acceptance points and encourage higher value transactions, considered a “tipping point” in the market’s maturation.

What does a small bank do when a much larger bank encroaches on its home turf?

Prestige Financial Services, a privately held subprime auto lender, is looking to spark growth by offering credit directly to consumers over the Internet.

California’s Court of Appeal has blocked a class-action lawsuit against against collection agency GC Services.

A partnership between collection agency ConServe in Fairport, N.Y. and Rochester Rehabilitation in Rochester, N.Y. is aiming to help employ people with disadvantages.

Samsung is trying to take wearables beyond watches and bands into something closer to traditional fashion, including a full suit, a purse, a bag and a line of shirts—all equipped digitally.

The credit union regulator received nearly 3,100 comment letters tied to plans to loosen restrictions on business lending, with a vast majority opposing any changes.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including demands for more transparency on banks' small-business lending and why the average American should care about the GSE investors lawsuit.