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Russia and its BRICS partners are developing cross-border alternatives to U.S.-dominated payments systems such as Swift, driven by the rise in cross-border trade and a desire to find non-dollar alternatives to international payments systems vulnerable to sanctions by the U.S. government.
July 23 -
WeChat Pay and Alipay have huge markets, but China's lack of openness makes a Facebook Libra-style move unlikely, argues Utrust's Filipe Castro
July 23
Utrust -
Kindur and Finhabits are trying to create retirement plans for people who lack them. Are banks missing an opportunity?
July 22 -
Several megabanks dominate the market, but First Choice is seeking to expand there by catering to its ready supply of midsize businesses. It's not the only one.
July 22 -
Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.
July 22 -
Lawmakers who called for sweeping reforms after the massive breach are likely to scrutinize the settlement with regulators and continue to push for changes.
July 22 -
Borrowing against a 401(k) plan or taking an IRA withdrawal can work under the right circumstances.
July 22 -
Payments technology is advancing at such a rapid pace, the most valuable asset for those in merchant acquiring is expertise.
July 22 -
U.S. Bank has purchased BMW’s cobranded Visa credit card portfolio and will issue a new version of the card under the Mastercard brand early next year.
July 22 -
From sponsoring math tournaments to programs that help prevent identity theft, these credit unions are striving to make a difference well beyond the financial services arena.
July 22 -
A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.
July 22 -
The Democratic presidential candidate argued in a blog post that the U.S. could avoid a recession by canceling most student debt and authorizing regulators to more aggressively monitor leveraged lending.
July 22 -
Marc Schaefer, who has led the credit union since 1995, has announced plans to retire. President Todd Hall will take the helm on Jan. 1, 2020.
July 22 -
The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.
July 22 -
Lawmakers will hear from a credit union executive on cannabis banking while also considering issues such as the use of alternative data in underwriting.
July 22 -
On Mar. 31, 2019. Dollars in thousands.
July 22 -
The New York-based institution will double the number of counties it can serve as part of the effort to grow.
July 22 -
On Mar. 31, 2019. Dollars in thousands.
July 22 -
On Mar. 31, 2019. Dollars in thousands.
July 22 -
Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger?
July 22






















