Banking

The legislation would help small-business owners better evaluate financing options by requiring updated disclosures.

A week after revealing its Stripe Terminal as a way to enter the physical retail space, the online payments provider plans to add financial support through cash advances to the services it provides merchant clients.

Fiserv will buy the business, once known as Elan ATM and Debit Processing, for $690 million.

The report from an advocacy group that focuses on college affordability says schools need to do a better job of educating students about their eligibility for federal loans, which typically carry lower interest rates than loans from private-sector lenders like credit unions.

Large retailers want the right to reject rewards cards at the point of sale to avoid higher swipe fees; Germany's financial regulator appoints an auditor to monitor the Deutsche Bank's progress.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple and Salesforce collaborate; Bread draws investment; U.K. payment project takes shape; Australia cracks down on ICOs.

The mass retirement of baby boomers and the growing affluence of women are the biggest disruptive forces in the industry, says Gunjan Kedia. Here's how she's dealing with them.

JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy.

A proposal to let certain thrifts operate like national banks blurs the line even further between the two institution types.

Zelle doesn't require a bank or credit union to participate in its network to allow it to receive funds; so even Zelle holdouts will see some activity on their accounts. This allows credit unions to compare members' demand to usage, and to determine whether signing up with Zelle is worth the trade-offs.

An examination of industry sales tactics conducted after the Wells Fargo scandal found that credit card accounts (not checking or savings) were the largest source of account openings without customer permission.

The bank's public offering comes three years after it raised $16 million in a private placement.

On June 30, 2018. Dollars in thousands.

It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank.

The Kansas company has agreed to buy three offices from MidFirst Bank.

By using the app, which will go live Monday in a pilot program, customers can point their phone at a vehicle and get an augmented reality overlay that provides all its critical info: the make, model and year of the car, as well as its price range and other information.

As the Cincinnati bank seeks to regroup after the fatal shootings at its headquarters, the incident underscores the need for preparedness at banks and credit unions of all sizes, workplace safety experts say.

The information you need to start your day, from PaymentsSource and around the Web. Today: Google counters Paytm's privacy claim; BART plans transit pay upgrade; Open banking lobby expands to North America; California bans crypto political donations.

European banks are testing rings, watches and bracelets that are linked to credit and debit accounts; European regulators appear keener on increasing competition than U.S. counterparts.