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Anti-secrecy website WikiLeaks can again accept credit card donations after Valitor hf, the Icelandic partner of MasterCard Inc. and Visa Europe Ltd., began processing payments after losing a court case.
May 9 -
National Bank Holdings in Greenwood Village, Colo., has created a specialty finance business to focus on middle-market companies.
May 9 -
Community Partners Bancorp in Tinton Falls, N.J. is getting a new name.
May 9 -
Fannie Mae will pay the Treasury Department $59.4 billion after reporting a record quarterly profit driven by rising home prices and declining delinquencies.
May 9 -
Near Field Communication technology has many detractors, yet it continues to advance as a mobile payments instrument. Banks should thus view NFC as an opportunity to ensure they stay relevant to customers' payments, according to a new Celent report.
May 9 -
Advantage Refreshments knows its vending machines look just like those operated by rivals, so it's trying to attract repeat business with a loyalty program from payments hardware maker USA Technologies.
May 9 -
Koupah, which is providing a new point of sale card acceptance tablet, aims to offset credit card transaction fees with ads.
May 9 -
The Consumer Financial Protection Bureau is pushing for private student lenders and the government to help lower payments for borrowers after receiving thousands of complaints from consumers.
May 8 -
The Dodd-Frank Act's ban on pure commercial ownership of industrial loan companies is set to expire in July. American Banker editors discuss the pros and cons of allowing a commercial enterprise like Wal-Mart into the banking business at a time when the previous argument against doing so has been turned on its head.
May 8
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Fifth Third Bancorp in Cincinnati is selling a $225 million stake in Vantiv (VNTV), its former subsidiary.
May 8
