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By turning to investors outside traditional banking, private-equity firms are finding it easier than ever to get loans to finance their buyouts of corporations that are nowhere close to being profitable.
September 20 -
Contactless payments need added security to adhere to PSD2's strict new identity guidelines, says Fingerprints' Lina Andolf-Orup.
September 20
Fingerprints -
The company will gain 34 branches and $1.2 billion in assets when it buys State Capital in Mississippi.
September 20 -
The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.
September 20 -
The subset of digital assets dubbed privacy coins, which have long delighted libertarians and frustrated law enforcement, are feeling the pinch of a step up in regulation.
September 20 -
Royal Bank of Scotland promoted Alison Rose to chief executive officer, making her the first woman to run one of Britain's big four lenders.
September 20 -
CUNA Mutual Group found that loan balances increased by 6.6% for the year ending in the second quarter.
September 20 -
The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.
September 20 -
The fintech is now worth $10 billion more than its top rival, Square; cost cuts, asset growth and share buybacks could offset the headwinds from low rates.
September 20 -
The company will buy TB&T Bancshares, which operates branches near Texas A&M University.
September 20 -
The information you need to start your day, from PaymentsSource and around the web. Today: Google Pay adds more services in India; Banco Santander expands digital subsidiary; A tablet that measures shoppers' moods; A new security threat for cryptocurrency.
September 20 -
Intermediary banks play a vital role in the complex ecosystem of multi-currency payments, says Nvoicepay's Alyssa Callahan.
September 20
Nvoicepay -
Revel noticed its point-of-sale customers were similar to most consumers who don't take advantage of the vast capabilities of their computers or smartphones, or don't even realize what tools exist.
September 20 -
Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.
September 19 -
The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.
September 19 -
A first-in-the-nation bill that drew unanimous support from the state Senate failed to get over the finish line this year. What happened?
September 19 -
The promise of real-time payments and the reality of the market are often at odds. That’s not a bad thing — it’s a sign there are pockets of demand that weren’t originally foreseen.
September 19 -
Mooney was the first woman to lead a top-20 U.S.-based bank. Gorman, the Cleveland company's vice chairman and president of banking, will replace her on May 1.
September 19 -
Board Member Todd Harper was the lone dissenting vote on the rule, saying it was a "bridge too far." Lawmakers and consumer groups have also spoken out against it.
September 19 -
The Pennsylvania company will pay $31 million for a bank with $269 million in assets.
September 19
























