News
Citizens Bank, Teslar Software partner to improve commercial lending program
May 8, 2020
Arkansas-based Citizens Bank has teamed up with Teslar Software to enhance its commercial lending program by leveraging Teslar's automated workflow and…
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Visa's Fast Track fintechs help with pandemic recovery
May 8, 2020
Several fintechs that are part of Visa's Fast Track program and remain focused on helping recovery efforts post-pandemic are seeing surges as restrictions ease…
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Canadian banks help business access emergency wage subsidy
May 8, 2020
To help businesses affected by COVID-19 gain access quickly to Canada's Emergency Wage Subsidy, Canada's banks have partnered with the Government of Canada to…
read nowNational coalition formed to protect cash
May 7, 2020
In an effort to promote preserving consumer choice and freedom to pay with cash at retail businesses nationwide, several groups have come together and…
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Diebold Nixdorf boasts healthy first quarter financials
May 6, 2020
Diebold Nixdorf, a leader in end-to-end software and technology solutions, reported strong financial profitability and cash flow improvements for the first…
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Global Payments to provide credit card processing for Truist Financial
May 6, 2020
Global Payments Inc., a payment technology and software solutions provider in Atlanta, Georgia has announced that TSYS, the company's issuer solutions…
read nowTreasury Prime raises $9M to link banks with fintechs
May 6, 2020
Treasury Prime, a San Francisco-based banking software startup, has raised $9 million in a Series A funding round led by Amias Gerety of QED Investors.
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CFM upgrades analytic platform for banks, credit unions
May 5, 2020
CFM, an Arizona-based integrated banking technology provider, has made upgrades to its iQ business intelligence platform, according to a company press release.
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BOA's PPP applicants receive approvals worth $25B
May 4, 2020
The Small Business Administration approved loans for Bank of America's small business applicants worth approximately $25 billion under the second wave of…
read nowLondon-based fintech Revolut launches bank in Lithuania
May 4, 2020
London-based fintech, Revolut, having received its European banking license in late 2018 from European Central Bank and Bank of Lithuania, is expanding its…
read nowFiserv raises PINless transaction limits at Accel to $100
May 4, 2020
Fiserv Inc. is temporarily doubling the limit for eligible transactions without a PIN code on its Accel debit payments network to $100 from $50, amid the…
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Israeli bank pleads guilty in hiding $7.6 billion from the IRS
May 1, 2020
The largest banking system in Israel, Bank Hapoalim, pled guilty in Manhattan's federal court on April 30 for helping its U.S. clients hide approximately $7.…
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USA Technologies moves annual meeting to May 21 to update proxy materials
April 30, 2020
USA Technologies Inc. has postponed its annual shareholders meeting from today to May 21 in order to update and distribute proxy materials that incorporate the…
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Wescom Credit Union donates $10K GrubHub gift cards to hospital staff
April 30, 2020
Huntington Memorial Hospital workers in Los Angeles received a surprise from Wescom Credit Union. The hospital staff, who is working directly with COVID-1…
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HSBC profit falls due to COVID-19, delays restructuring
April 29, 2020
London-based HSBC is pausing global restructuring plans announced in February and said pre-tax profit fell 48%, to $3.2 billion, during the first quarter due…
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Moody's downgrades outlook for African banking from stable to negative.
April 29, 2020
The impact of the coronavirus has caused the American credit rating agency, Moody's, to downgrade the banking systems in South Africa, Nigeria and Morocco from…
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