News Topic: payments

Brad Hanson has been with the South Dakota company since founding its payment services division in 2004. ... Read full article

Margaret Keane discussed Synchrony's investments in technology, including how the card issuer plans to use customer data to help retailers create targeted ads, during an appearance Tuesday in New York, ... Read full article

Executives offer support to lift investment bankers’ morale; retailer’s move from Synchrony Financial could force card issuers to make concessions. ... Read full article

The central bank found that the increase in noncash payments fraud from 2012 to 2015 was still just a small fraction of overall payments. ... Read full article

A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients. ... Read full article

The Pittsburgh bank joins Bank of America and other large financial players in a distributed-ledger network that seeks to make global payments in real time. ... Read full article

The CFPB nominee wins approval from the Senate Banking Committee by a 13-12 vote; the country is looking to borrow $11 billion after Aramco IPO is delayed. ... Read full article

The company says several banks and credit card issuers are interested in data sharing; rates may go even higher when corporate borrowers need to refinance. ... Read full article

The Stamford, Conn., issuer of store credit cards has two potential options after the retail giant chose to partner with Capital One. But the decision over which path to take is out of its hands. ... Read full article

Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues. ... Read full article

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer. ... Read full article

Deutsche Bank failed and Goldman Sachs and Morgan Stanley restrained; antitrust lawsuit brought by retailers may be near a resolution. ... Read full article

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake. ... Read full article

Pass/fail may be replaced by public capital ratio; high court allows company to prevent merchants from favoring other cards. ... Read full article

No surprises expected from the annual Fed reviews; Elad Roisman is seen as the pick to replace Michael Piwowar on the panel. ... Read full article

What does holistic digital transformation look like? Tim Spence is busy figuring that out. ... Read full article

Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public. ... Read full article

The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company “bro” culture hinders their advancement. ... Read full article