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Accounts payable is one of the most paper-intensive business functions, with lots of room for more environmentally sound processing, Daniel Ball of Medius says.

Daily edition for April 22, 2021.

Clarity on credit quality has bankers ready to strike deals after a lengthy pause. A steady rise in stock prices has also given potential buyers the financial wherewithal to pursue acquisitions.

Cal Poly Federal Credit Union's recent merger into SchoolsFirst highlights the difficult choice many small institutions face: diversify your field of membership or risk going out of business.

Changing payment habits and two rounds of stimulus funds helped drive Discover Financial Services' profitability in the quarter.

The Dallas company agreed to sell MSRs tied to $14 billion of mortgages to PHH Mortgage.

Morgan Stanley was also among 43 banks worldwide to sign on as initial members of the Net-Zero Banking Alliance. Convened by the United Nations, the group has pledged to help clients in carbon-intensive industries — including transportation, mining and agriculture — reduce their reliance on fossil fuels.

The Tennessee company says it has been pitching specialty finance products inherited from Iberiabank to its own clients.

Oil and gas companies — flush with cash from rising oil prices — are catching up on debt payments and will seek new credit later in the year as the economy recovers, the Oklahoma company says.

Consumer advocates say "income share agreements" like those issued by Blue Ridge Bank of Martinsville, Va., and a Boston CDFI should have to comply with laws that govern more traditional credit products.

A European Union plan would require rigorous data-quality checks and testing of applications of artificial intelligence that it says violate consumers' privacy and other rights.

Payments technology provider FIS is expanding its processing services into the growing markets of Malaysia, South Africa and Nigeria.

House and Senate GOP members have stepped up criticism of a plan to include banks in a global push to cut emissions, saying it could cut off financial services access for energy and fossil fuel companies.

Burns & McDonnell Credit Union holds just $27 million of assets and is seeking approval to merge into CommunityAmerica, which serves the KC metro region and is the largest credit union in Kansas and Missouri.

The quarter-to-quarter increases bested expectations, suggesting that large banks are regaining market share in mortgage lending

It is the largest global treasury bank so far to implement Mastercard’s direct debit service.

Two years after the country laid out plans for an instant-payments service backed by Saudi Arabia’s central bank, the project has gone live through a collaboration with Mastercard’s Vocalink and IBM.

The pandemic has caused dramatic changes in all industries, which adds extra stress on payment companies, says PXP Financial's John Bell.

From Coinbase and Grab to Affirm, technology companies are expanding their payments operations — and picking up billions of dollars in public listings.

The Federal Reserve and other central banks deciding whether to compete with private cryptocurrencies should heed the financial stability risks, such as expanding the economic power of governments and altering longstanding payments models.