Buffalo-area payroll services companies say clients are increasingly relying upon electronic services. Some services like day-of payments, though, may not be such a good thing, they say.
Global Payments Inc. (NYSE: GPN) and Total System Services Inc. (TSYS) on Sept. 18 completed their merger, forming a company that provides payments and software services for approximately 3.5 million predominantly small to mid-sized merchant locations,...
Two class-action lawsuits have been filed against Cachet Financial Services, the third-party processor that handled payroll direct deposits for MyPayrollHR. A Los Angeles-based law firm — Arias Sanguinetti Wang & Torrijos LLP — filed a complaint on T...
KeyCorp's Beth Mooney is set to retire as chairman and CEO next year, nine years to the day that she first stepped into the role. Mooney, 64, will be succeeded by Chris Gorman, vice chairman and president of banking and the leader of KeyCorp's 2016 in...
The Washington Business Journal is starting a new weekly roundup of bankruptcy filings in the region based on public records collected by parent company American City Business Journals. During the week that ended Sept. 13, Washington-area bankruptcy ...
Pittsburgh-based crowdfunding website Honeycomb Credit on Thursday said it has launched operations in Detroit. Michigan is now the fourth state in which Honeycomb operates, joining Pennsylvania, Ohio, and New York. The first campaign in the newest re...
Of the 16 firms that have appeared in the two most-recent versions of the BBJ's Largest Fintech Firms in Massachusetts list, 10 reported year-over-year increases in their local head count — and all by double digits.
The MyPayrollHR collapse has sent shockwaves through the New York business community and beyond, including in North Carolina. The company's 4,000 clients and their employees across the country were hit with a confusing and frustrating situation on Sep...
The Federal Reserve Bank of New York announced Tuesday that it would conduct its first major repurchase market operation since the Fed changed its policy-setting approach during the Great Recession.
WeWork shelved its initial public offering on Monday night after struggling to drum up investor interest in the multibillion-dollar listing, in an embarrassing setback for the New York-based property group. Concerns include sway chief executive Adam Ne...
The number of local bank branches continues to dwindle as big players like McLean-based Capital One Financial Corp. (NYSE: COF), Atlanta-based SunTrust Banks Inc. (NYSE: STI) and Winston-Salem, North Carolina-based BB&T Corp. (NYSE: BBT) cut dozens of ...
"Let's be a part of the solution and not just say we should be doing it," Detra Miller says.