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Lenders including Howard Bancorp and First Carolina Bank are shunning acquisitions as a route into new markets, to avoid overpaying for targets and inheriting potential loan problems.

Daily edition for May 05, 2021.

The company hopes to someday return to 2019 levels of in-person money transfer activity, and its recent pact with Walmart is a big part of that strategy.

There is no doubt 2020 was a year of contactless transactions. But what implications do contactless payments present when it comes to security?

The company had delayed a vote set for late April to give it more time to collect the legally required support from two-thirds of its outstanding shares.

Challenger banks like Spiral and Greenwood Financial make charitable giving easy through their apps to build stronger relationships with socially conscious customers.

The 13-year company veteran will succeed Johannes “Johs” Worsoe on June 1. He will report to the firm’s newly named CEO in the Americas.

The company, once known as Southern National Bancorp of Virginia, plans to launch the as-yet-unnamed platform by the end of this year.

Bank Leumi Le-Israel BM, one of Israel’s largest lenders, is considering a sale of its U.S. bank arm, which could fetch about $1 billion, according to people familiar with the matter.

Cordray, named this week to lead the Education Department's office of federal student aid, cracked down on banks, student loan servicers and for-profit colleges when he was director of the Consumer Financial Protection Bureau.

American Express Global Business Travel, a joint venture partially owned by the credit card giant, is planning to acquire Egencia, Expedia's corporate-travel arm.

The industry has raised concerns about nontraditional bank owners, and some lawmakers have backed limits for industrial loan companies and cryptocurrency firms. But members of the House and Senate have been unable to reach a consensus on legislation.

DLocal, a Montevideo, Uruguay-based payments startup, has confidentially filed for a U.S. initial public offering that could occur as soon as this year, according to people with knowledge of the matter.

The $925 million deal would bring Zego's real estate management and payments software to Global Payments, which views real estate as a $6.5 billion market.

Reviving a long-dormant loan guarantee program could go a long way toward restocking the supply of starter homes and helping households of modest means create wealth.

Payment facilitators give the power back to field service companies and allow them to run their business their own way, says WorkWave's Rick Agajanian.

Bank bosses are hoping to leave remote work in the past. There’s just one problem: Many employees want to maintain flexibility after proving they can stay productive from home, Accenture executives say.

A senior White House economic aide said the decision on selecting the next central bank chief will come after a thorough “process.”

The National Association of State Credit Union Supervisors has started a national search to replace President and CEO Lucy Ito.

Kate Fitzgerald, senior editor at PaymentsSource, talks to Kurt Kumar, vice president of marketing and business development at RocketFuel, about the growing use of crypto in payments exhibited by Visa, PayPal and others.