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Royal Bank of Scotland Group will signal next week it plans to sell a 15% to 25% stake in Citizens Financial Group in Providence, R.I., according to a person familiar with the plan.
February 23 -
Todays modern payment systems have their genesis in a number of older ventures that plied everything from the Web to biometrics to enable digital commerce. Some are gone, and some have evolved unrecognizably into their current form. Heres a look.
February 23 -
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Prepaid card issuer Green Dot (GDOT) has extended its payment processing contract with Total System Services (TSS), the prepaid company disclosed in a Securities and Exchange Commission filing Friday.
February 22 -
Lead Bank in Garden City, Mo., plans to expand the range of services it offers by becoming a state-chartered trust company.
February 22 -
Until recently, the card network generally prohibited its retail partners from offering special deals to customers that paid with a specific bank's credit or debit card. But Visa quietly lifted the ban on Feb. 1, paving the way for retailers to cut deals with card issuers, according to Visa group president of the Americas William Sheedy.
February 22 -
The payments network will now allow merchants to offer discounts to customers who use specific cards, as new CEO Charles Scharf rethinks how Visa does business.
February 22 -
Barclaycard US has tapped a longtime bank technology executive to serve as chief operating officer.
February 22 -
The chip-and-PIN version of PayPal's Here mobile card reader is set to debut overseas this year, but the splash will be felt in the U.S. as well.
February 22 -
Ken Lehman is buying outsized stakes in community banks, using his personal funds and often introducing himself to CEOs with a direct phone call.
February 22



