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China-based point-of-sale terminal maker Blue Bamboo has introduced the CT100 contactless reader that can connect wirelessly to payment processors.
Payment processor Credomatic of Florida will use payment security and data-compliance services from ControlScan Inc. for its portfolio of more than 100,000 merchants.
Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
The Beaver State measure gives de novo banks up to $1 million per year in tax credits. Oregon lawmakers modeled their legislation on a 5-year-old Ohio law.
The Spanish banking giant is seeing improvement in its U.S. business, which is set to expand significantly if its pending acquisition of Webster Financial gets approved.
Expenses and foreign exchange pressured Western Union; while Visa added more blockchains to its stablecoin settlement pilot. That and more in American Banker's global payments and fintech roundup.
Tipalti has developed a set of agentic artificial intelligence agents designed to help businesses navigate transactions and apply for refunds.
The digital bank and lender did not increase its full-year outlook in anticipation of an interest rate freeze.
