BPC, a provider of e-payment solutions for the financial industry, has announced that Alp Jamol Bank, a private bank in Uzbekistan, has selected its fully functional processing centre based on SmartVista Suite, a software solution for cards and e-payments processing.The in-house processing centre will allow Alp Jamol Bank to expand and improve its range of services available with the use of payment cards and introduce to its customers new VIP-products offered by the International Payment Schemes.The fully functional processing solution will ensure all the necessary facilities for Visa and MasterCard issuing and acquiring, including EMV-cards, and will permit the bank to raise its card business performance and move away from the third party processors' services.
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The bipartisan housing package, dismissed by President Trump as a "yawn," takes effect automatically after he declined to sign it in protest over stalled voter ID legislation.
July 11 -
The failure of Kentland Federal Savings and Loan, the nation's smallest standalone bank at $3.7 million of assets, will cause an estimated $1.2 million hit to the deposit insurance fund, according to the Federal Deposit Insurance Corp. Kentland's failure is the third bank failure in 2026.
July 10 -
The stablecoin issuer has received final approval from the federal agency to open a trust bank division for custody of digital assets.
July 10 -
The Denver-based bank reported that two loans soured, one due to fraud. A number of other lenders reported sizable fraud-related losses last fall.
July 10 -
The Wyoming digital asset bank is requesting that the high court review previous decisions granting the central bank 'unbounded, unreviewable discretion' in light of its recent Cook and Slaughter rulings. A decision could impact how cryptocurrency intersects with the standard banking system.
July 10 -
U.S. Bank, Arvest, Old National, BMO and WaFd took the losses in a decade-long scheme the DOJ announced.
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