Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Smartleaf software will let the bank offer third-party research to customers.
With changes to capital standards looming, PNC Financial Services Group (PNC) is preparing to redeem $967.5 million in trust-preferred securities.
Xoreax software "grid-enables" Microsoft Windows applications.
British company provides a mobile phone app and reader that works with most devices.
The PayPal Prepaid MasterCard will be sold at 5,500 7-Eleven stores by the end of the year.
Presidio Bank in San Francisco will offer IronKey Trusted Access to help protect its customers from identity theft, online account takeover and payments fraud.
Latest version of Flexcube software includes expanded support for sales and self-service in the online, mobile, ATM and branch channels.
The Treasury Department will receive roughly $204 million from its latest auctions selling off the preferred shares of seven financial institutions from the Troubled Asset Relief Program.
The malware strain is targeting all major credit card company websites and tricks cardholders into sharing account information.
Continuing its string of Texas acquisitions, Prosperity Bancshares in Houston announced Thursday that it is buying Community National Bank in Bellaire for $26.6 million in cash and stock.
Bank of America (BAC) has hired more than 30 bankers in Washington as part of a broader plan to target small-business customers.
USAA Bank has started offering a cobranded MasterCard with an organization that promotes the interests of enlisted personnel and their families.
Saratoga National Bank and Trust in Saratoga Springs, N.Y., has announced its succession plan for when its current chief executive and president, Raymond F. O’Conor, steps down at the end of the year.
PNC Financial Services Group (PNC) has agreed to pay $90 million to settle a class-action lawsuit relating to its overdraft protection practices.
Capital Bank Financial in Coral Gables, Fla., has upped the price it is paying for Southern Community Financial (SCMF) in Winston-Salem, N.C., by more than $3 million and will now pay all cash instead of a mix of cash and stock.
Central Bank in Springville, Utah, will install 10 ATMs from NCR (NCR) to revamp its existing network.
The banking unit of Pinnacle Financial Partners (PNFP) in Nashville, Tenn., has filed an application to convert from a national charter to a state one to "simplify communications with regulatory authorities."
The insurance unit of BancorpSouth (BXS) has agreed to buy the assets of Securance Group, an insurance agency in Brewton, Ala.
Almost three fourths of financial institutions do not provide small-dollar or direct deposit loans to customers but some are considering entering this line of business, a new survey from RateWatch found.
Global eTelecom implementing new software to secure ACH transactions for merchants.
