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Square has worked hard in the past several years to offer more than just mobile card acceptance, but not all of its efforts have paid off.
August 2 -
Younger consumers still like to go to the mall. Keeping them there requires a mix of easy payments, financing and shopping in multiple channels, says Nufar Segal, general manager of consumer financing for at Jifiti.
August 2
Jifiti -
A fintech called NCS Analytics wants to analyze power-use data at cannabis businesses for banks that finance them. It says the information can help expose illegitimate activity.
August 2 -
Apple Inc. and Barclays Plc have dropped the rewards program from their longtime credit-card partnership in advance of the debut this month of a new Apple Card with Goldman Sachs Group Inc.
August 2 -
Loan balances at the end of the second quarter were up by double digits from a year earlier for the Honolulu-based institution.
August 2 -
Under the Illicit Cash Act, anti-money-laundering rules would be clearer — so banks would have no excuses for noncompliance.
August 2
Kroll -
A Fed team toured an Amazon facility at about the same time Capital One’s data was hacked; House oversight members want answers from the CEOs of the two companies.
August 2 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Digital payments advance in sports; Amazon Dash set to expire; Albania cracks down on tax pay cheats; Facial recognition ATMs expand in Spain; A stablecoin for legal weed.
August 2 -
Most cloud storage systems have gaps that open the door to account takeover, API attacks and other threats, argues Pravin Kothari, founder and CEO of CipherCloud.
August 2
CipherCloud -
Readers react to Capital One's massive data breach and The Bancorp's expansion in CRE securitizations, defend fintechs offering retirement plans and more.
August 1 -
Square Inc. is selling its Caviar food-delivery app to DoorDash Inc. for $410 million, as the money-losing payments company searches for profits.
August 1 -
The regulators have yet to complete rules on regional bank supervision, community bank capital and other provisions meant to ease institutions' burden.
August 1 -
After talks with well-connected lawyers for Barclays and the Royal Bank of Scotland, senior Justice Department officials in Washington last year overruled career prosecutors who had been investigating wrongdoing that cost investors billions.
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Three GOP members of Congress have sent letters to the companies requesting staff-level briefings on the breach in which an ex-employee of Amazon Web Services illegally accessed data of more than 100 million people who had Capital One credit cards or had applied for them.
August 1 -
Expanding exemptions for initial margin requirements on swaps transactions “would harm financial stability and U.S. taxpayers,” said the top Democrats on the House and Senate banking panels.
August 1 -
3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank.
August 1 -
It’s not yet time to retire the notion that businesses favor checks for supply chains, but deployments in multiple markets signals a turning point in modernizing B2B payments.
August 1 -
The Federal Trade Commission just updated its website with disappointing news: No, you aren’t getting $125 because of the Equifax Inc. data breach.
August 1 -
Revolut Ltd.’s chief executive officer said the digital bank is in talks with Martin Gilbert, vice chairman of Standard Life Aberdeen Ltd., about joining the board.
August 1 -
Once the merger between Infinity FCU and Vibrant CU is completed, the combined institution will have 17 branches across five states.
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