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A dozen of the nation's largest underwriters were accused of colluding with traders to artificially set prices on the secondary market for Fannie Mae and Freddie Mac securities.
December 17 -
Fintech dLocal is expanding its API-based payments service into Nigeria and South Africa, two nations with different levels of digital payments adoption.
December 17 -
The Federal Reserve and Federal Deposit Insurance Corp. found issues with the firms' ability to compile data on how they would be unwound during a period of financial stress.
December 17 -
Bangor will pay $35 million in cash to gain branches in five communities.
December 17 -
The lawmakers say they need more information about the administration’s plans in order to conduct proper oversight.
December 17 -
A new system uses biometrics and distributed ledger technology to safeguard call centers from identity theft attacks.
December 17 -
Wichita Falls Bancshares will gain four branches when it buys Chico Bancorp.
December 17 -
Royal Credit Union and SkyOne FCU are just a few of the institutions to make personnel moves affecting the management team.
December 17 -
The proposed changes laid out by banking regulators would clear up confusion about what qualifies for CRA credit within so-called Opportunity Zones. But not all community development advocates are convinced that the changes are for the better.
December 17 -
Banks and public advocacy groups agree that the Community Reinvestment Act needs to change. But is the latest proposal moving in the right direction?
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Howard Bancorp is planning a big push in CRE lending, first in its hometown of Baltimore and eventually in Washington.
December 17 -
MFS Africa has spent the last decade building an interoperable mobile payments system linking millions of consumers in Africa, and now it’s formed a partnership with Visa to extend global card acceptance to its users.
December 17 -
Worldline and CashSentinel will work on services that will fit requirements for traditional online marketplaces for physical products, franchise systems, self-checkout solutions and smart city apps.
December 17 -
VibePay is releasing its app on Google Play and the Apple App Store and calling for up to 100,000 new beta testers.
December 17 -
Private equity firm Lovell Minnick Partners has finished what it calls a "significant growth investment" in payments technology and merchant services provider Fortis Payment Systems, LLC.
December 17 -
Traditional acquirers are under severe pressure from the digital payments revolution, challenged to hold onto clients by stitching together legacy systems, existing hardware, mobile, cloud and apps. Those that can harness innovation and find the right startup partners can not only stave off elimination, but drive the next generation of multi-channel shopping and transaction revenue.
December 17 -
Jim McLemore has a new job just three months after orchestrating MidSouth's sale to Hancock Whitney.
December 17 -
A shifting fraud landscape and changing consumer expectations will play a part in how credit unions allocate resources toward technology in the new year, according to a prediction from the CUSO Member Driven Technologies.
December 17 -
Consumers are becoming less tolerant of downtime, especially when it’s inhibiting them from accessing their money, says Arcserve's Oussama El-Hilali.
December 17
Arcserve -
It's long past time for the National Credit Union Administration to implement a risk-based capital standard, and the recently approved delay could hurt more than it helps.
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