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Elavon has joined a collaboration of travel industry partners to streamline the way online travel agencies pay airlines using virtual cards.
May 15 -
Under the Treasury Department's Financial Agent Mentor-Protégé program, JPMorgan Chase is advising two black-owned banks on working with the agency in ways that could boost their fee income.
May 15 -
American Express has agreed to acquire Resy, a restaurant reservation booking and management platform.
May 15 -
Eric Blankenstein, the CFPB's policy director for supervision, enforcement and fair lending, has been criticized for using a racial slur in blog posts 15 years ago and claiming the majority of hate crimes were hoaxes.
May 15 -
Tencent Holdings Ltd. reported the slowest pace of sales growth since it went public in 2004, as China’s largest company struggles to revive a battered gaming division while battling the country’s decelerating economy.
May 15 -
The Italian family that founded a bank in the 14th century and pioneered branches and letters of credit is now setting up a tech-forward, crypto-friendly disruptor in the United States.
May 15
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The total includes donations to community groups helping low-income people, support for the development of financial coaching programs and investment in the creation and testing of fintech tools that can help underserved people.
May 15 -
A recent court decision allowing New York’s financial regulator to proceed in a case meant to block the Office of the Comptroller of the Currency from offering fintechs a new federal banking charter is having a chilling effect on potential applicants.
May 15 -
Once banks offer digital invoice processing and order approvals, small businesses would no longer need to manage the risk and hassle of paper-based transactions, argues Erik De Kroon, CEO and co-founder of Yordex.
May 15
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Over a dozen progressive lawmakers urged the central bank to reverse its course and protect bank regulations enacted after the financial crisis.
May 15 -
As new stadiums are being launched across a variety of sports around the globe with the latest entertainment options, older stadiums are using technology and premium culinary offerings to stay competitive and keep their fans engaged.
May 15 -
Everything from phone bills to utility payment histories could help credit unions expand lending opportunities to consumers without a credit score.
May 15
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The private sector will be able to provide more efficient and innovative technologies for the industry.
May 15
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The Defense Credit Union Council and the Association of Military Banks of America sent dueling letters to Congress about whether banks should pay for space on military installations.
May 15 -
"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts.
May 15 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Walmart upgrades its online shopping; Paytm introduces a card and addresses internal fraud; Samsung extends crypto support; U.K. fintech investment stays strong.
May 15 -
Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well as other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.
May 15 -
More than half of all states don’t have an electronic system to track car titles and liens, which increases the potential for fraud and costs for lenders.
May 15 -
Sainsbury’s has launched the U.K.’s first mobile-only checkout-free grocery store, inviting comparisons to what Amazon Go is doing in the U.S. But their models are far from identical.
May 15 -
It’s no overstatement to suggest that stored value plays a role in nearly all of our daily lives. This suggests that the digital transformation of these instruments should be life-changing. But that hasn’t happened—yet, writes Chris Demetree, CEO of Lazlo 326.
May 15
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