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A new service offered by the company helps clients automatically capture payment and invoice information as well as make sure the data matches.

Its $53 million purchase of Pacific Enterprise Bank would be BayCom's 10th bank acquisition since 2010.

The Office of the Comptroller of the Currency made good on a promise to rescind Community Reinvestment Act reforms finalized by ex-Comptroller Joseph Otting as part of talks with other regulators on an interagency overhaul of the law.

“The deceleration in economic activity was largely attributable to a pullback in dining out, travel, and tourism in most Districts, reflecting safety concerns due to the rise of the Delta variant,” the central bank said in its Beige Book survey.

The bank's technology team was trying to figure out how to develop a system similar to the respected software program of Brown Brothers Harriman's investor-services unit. Now that State Street is buying that same unit, it can drop the project.

Meta Financial Group’s next CEO, Brett Pharr, is expected to keep the company's prepaid and digital banking strategy on track.

The Office of the Comptroller of the Currency says the $963 million-asset bank has met expectations for improving board oversight and strengthening auditing of its loan-loss allowance.

The bank is taking a majority stake in a VW unit that enables drivers to use their dashboards to pay for such services as gas or parking. It's a recognition of the innovation taking place in the automotive sector.

The credit union service organization, which changed its name from CU Realty Services in June, has expanded its service area to cater to more homebuyers and help credit unions secure their mortgage pipeline.

The market for short-term installment credit is growing among millennials and Gen Z consumers who distrust credit cards. Banks are letting a golden opportunity slip away.