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.
Massachusetts bank helping its business clients reduce paper.
ACI Worldwide reported on Tuesday that income for the fourth-quarter was $23.9 million, down 11.8% from a year earlier, as revenue declined.
Fidelity National Information Services said Monday that its fourth-quarter income, boosted by its international and financial solutions businesses, rose 5.8% to $117 million from the same period a year earlier.
Cambridge Savings Bank has started a new division to cater to local and regional nonprofit organizations.
New Hampshire Thrift Bancshares Inc. in Newport said Monday that its chief executive, Stephen W. Ensign, is stepping down and that its president and chief operating officer will take over this role.
Hopes new core platform will lead to faster new product delivery and more efficient back-office processes.
The Belgian national mail operator, bpost, has implemented Fiserv's AML Manager for its domestic and international money transfers.
Kony Solutions has introduced a new version of its mobile banking product.
Colony Bankcorp Inc. in Fitzgerald, Ga., will suspend paying a dividend on preferred stock that the Treasury Department holds and interest payments on some junior debt.
First Financial Service Corp. in Elizabethtown, Ky., said it had a new chairman and that its chief executive will step down for health reasons.
Housing prices will continue to decline slightly through 2012 but will begin to rebound in 2013, according to a new survey from the Federal Reserve Bank of Philadelphia.
Hana Financial Group of Seoul, South Korea, has agreed to buy newly issued shares of common stock, and a 51% ownership interest, in Saehan Bancorp in Los Angeles.
Anchor BanCorp Wisconsin Inc. in Madison reported another quarterly loss.
The private banking arm of KeyCorp in Cleveland has established a Delaware trust company and hired two veterans from competitors to help run it.
Horizon Bancorp in Michigan City, Ind., has agreed to buy Heartland Bancshares Inc. of Franklin, Ind., in an all-stock deal valued at $14 million.
Evans Bancorp Inc. in Angola, N.Y., has reported that fourth-quarter income more than doubled from a year ago, to $1.3 million, due to higher net interest income and a lower provision for loan and lease losses.
Arkelis' messaging hub now runs on Red Hat servers.
Wells Fargo & Co. has named Lisa Featherngill as its managing director of planning for Abbot Downing, the bank's new unit for ultra wealthy clients.
The Federal Reserve Board has approved Hana Financial Group Inc.'s acquisition of indirect controlling interests in two U.S. units of Korea Exchange Bank.
First Financial Service has agreed to sell four of its branches in Indiana as the Elizabethtown, Ky., company works to increase its capital ratios to meet a consent order.
