Jacob Passy

PeoplesBank in Holyoke, Mass., will promote its chief financial officer to lead the bank, as Chief Executive Douglas Bowen plans to retire.

The rise of mobile payments has had only a narrow impact on the use of cash, according to a new report from the ATM Industry Association and the business strategy consulting firm Tremont Capital Group.

The rise of mobile payments has had only a narrow impact on the use of cash, according to a new report from the ATM Industry Association and business strategy consulting firm Tremont Capital Group.

Canadian payments company DirectCash Payments has unveiled a new payment-capable wristband.

UMB Financial in Kansas City, Mo., has hired an IBM executive to be chief information officer.

BNC Bancorp in High Point, N.C., has agreed to buy Southcoast Financial in Mount Pleasant, S.C., for $95.5 million in stock.

Malvern Federal Savings Bank has hired its chief risk officer from a rival Pennsylvania bank.

The Office of the Comptroller of the Currency has promoted Amrit Sekhon to deputy comptroller for capital and regulatory policy.

Banc of California in Irvine is looking for a new chief financial officer, after Ronald Nicolas announced his resignation.

First NBC Bank Holding in New Orleans has delayed the release of its 10-Q, after it discovered an accounting error.