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The buy now/pay later company made a deal with Stride Bank to add banking-as-a-service heft as Affirm Card usage soars and Evolve grapples with defections.
5h ago -
While debit cards are less profitable, payment experts say they're still an important way to build relationships with consumers.
March 31 -
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The bank now offers personal loans up to $50,000 to State Farm customers, the latest step in its effort to broaden its customer base by teaming up with other companies.
March 28 -
A group of states are pursuing similar efforts to cap credit card interchange fees, endangering rewards programs that customers value and raising concerns about an illegal interstate compact.
March 28 -
For the first time in four years, more small businesses reported a drop in income than an increase, according to a survey by the 12 regional Federal Reserve banks.
March 27 -
Jack Dorsey's payments company cut 931 jobs. Also: Western Union looks to artificial intelligence; Marqeta adds an e-marketplace; Westpac takes on scams; and more news in the global payments and fintech roundup.
March 26 -
The banking industry's march to ISO 20022 compliance by a November deadline has been sluggish, but the messaging organization isn't budging.
March 26 -
Georges Elhedery aims to double down on HSBC's investment-banking operations in Asia and the Middle East after exiting key businesses in the U.S. and Europe.
March 25 -
The Consumer Financial Protection Bureau said it is "optimistic" that a lawsuit challenging the $8 credit card late fee rule can be resolved. The late fee rule is expected to be rescinded by the Trump administration.
March 24