Jacob Passy

In a report on the need for financial regulators to improve their data security efforts, the U.S. Government Accountability Office called for NCUA to have the authority to examine credit unions' third-party technology providers.

Bank regulators should improve their collection of data on information security incidents at financial institutions and facilitate better information-gathering about industrywide cyber threats, the U.S. Government Accountability Office said Thursday.

Cadence Bank in Birmingham, Ala., has closed three branches in Alabama and plans to close five more in Mississippi and Texas, the Birmingham News reported.

PNC Financial Services Group in Pittsburgh has named former Walgreens Chief Executive Gregory Wasson to its board.

Diane Bailey Morton was named the $1.6 billion-asset C1's chief human capital officer and general counsel, while Dustin Symes will head up retail lending operations.

South Shore Bank in South Weymouth, Mass., has named new chief executive and chief operating officers.

BancorpSouth in Tupelo, Miss., has again extended the deadline to complete its acquisitions of Central Community in Temple, Texas, and Ouachita Bancshares in Monroe, La.

Synchrony Financial signed a multiyear extension with Chevron to issue cards and the two companies introduced a new rewards program.

ConnectOne Bancorp in Englewood Cliffs, N.J., has issued $50 million in subordinated debt and intends to exit the Small Business Lending Fund program.

The use of prepaid cards has skyrocketed, thanks in part to rising popularity among consumers who already have a checking or savings account, according to the Pew Charitable Trusts.

The use of prepaid cards has skyrocketed, thanks in part to rising popularity among consumers who already have a checking or savings account, according to the Pew Charitable Trusts.

Nationwide Bank in Columbus, Ohio has created an online car loan service that allows consumers to secure financing and insurance and shop for a car purchase.

Citigroup failed one of the monitoring tests performed as part of the national mortgage settlement, according to new reports filed by NMS monitor Joseph Smith A. Jr.

Hanmi Financial in Los Angeles has a new look for its retail bank.

End-to-end wireless transactions provider Apriva has teamed up with parking payment technology provider Amana McGann to integrate EMV technology into parking systems across the United States.

Russian payments company Qiwi has hired Dmitry Danilenko as the head of its international money remittances and e-commerce division.

Community Bank Shares of Indiana in New Albany has changed its name to Your Community Bankshares.

Many in the banking industry on Friday voiced support for the Supreme Court's decision to legalize gay marriage nationwide and discussed how it would have an impact on their businesses.

Juniata Valley Financial in Mifflintown, Pa., has agreed to buy FNBPA Bancorp in Port Allegany, Pa.

MidSouth Bancorp in Lafayette, La., has promoted the son of Chief Executive Rusty Cloutier to president of MidSouth Bank.