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The Federal Reserve Board has raised several concerns about the interbank fee that is part of an industry group's plan to make funds available to consumers on the same day. It's another speed bump in the road to modernizing the U.S. payment system.
February 12 -
American Express, the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale in U.S. stores will end next year.
February 12 -
American Express Co., the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale Corp. in U.S. stores will end next year.
February 12 -
ApplePie Capital, a new marketplace lender that specializes in lending to franchises, has officially opened for business.
February 12 -
First Green Bancorp in Mount Dora, Fla., has raised nearly $14 million through a private placement.
February 12 -
Citi has formed a digital marketing alliance with online real estate marketplace Zillow in a bid to reach more customers in the financial services company's priority cities, the company announced Feb. 10.
February 11 -
Bank of the Ozarks in Little Rock, Ark., and WesBanco in Wheeling, W.Va., each completed acquisitions this week.
February 11 -
The FDIC welcomed seven new members to a committee on Wednesday that will provide recommendations on policy and regulatory issues affecting community banks.
February 11 -
No one can agree on what the Fed will do with interest rates. In the meantime, the banking industry's more-conservative players are devoting more resources toward hoarding low-cost deposits and purging shorter-term borrowings.
February 11 -
PayItSimple USA Inc., which enables installment payments for merchants and consumers, has integrated with online payment processor Stripe.
February 11
