Block’s stock tanks after revenue miss
The payments company’s third-quarter results came in $250 million below Wall Street’s expectations, disappointing investors.
A small-dollar business lending scheme finds a niche at Huntington
The Columbus, Ohio-based regional launched Lift Local Business in October 2020 with a $25 million ceiling. Four years and $133 million later, the program is still going strong.
Fed announces details of 2025 monetary policy review
The Federal Reserve released additional information about its periodic review of its monetary policy strategy, tools and communications framework; TD Bank Group announced Michelle Myers will succeed Anita O'Dell as global chief auditor; Provident Financial Services will expand its commercial
JPMorgan Chase, Mastercard sell crypto-style B2B payment tech
The bank and payment company are using the technology that underpins digital assets to improve interoperability for international transactions, a major point of friction in trade finance.