Jacob Passy

Carolina Bank Holdings in Greensboro, N.C., has raised $15.1 million through a private placement of convertible preferred stock.

ProPay, a unit of the Columbus, Ga.-based TSYS, has introduced a suite of services aimed at simplifying the work of payment facilitators with aggregation and payment processing services.

Ingenico Group has expanded its iWL series of mobile terminal solutions to include a new Wi-Fi enabled model.

Market data cloud solutions provider Xignite has selected a group of entrepreneurs who made best use of an Xignite market data API at the Capital One People & Money Hackathon earlier in March, placing them among the many programmers and developers honored for their work at the event.

Davis + Henderson in Toronto has agreed to buy global payments solutions firm Fundtech.

D+H in Toronto has agreed to buy the global payments solutions firm Fundtech.

Two investors in Central Pacific Financial are planning to sell 7.6 million shares in the Honolulu company

The $24 billion-asset company said in a press release Thursday that Robert Holmes will become president and chief executive of its St. Louis market on March 31.

MoneyGram continued to grow its footprint in the United Kingdom by signing two new agreements with exchange companies.

CardFlight has released a new reader for its SwipeSimple mobile point of sale offering to accept EMV-chip cards.

Wells Fargo announced the closure of a mortgage servicing site and the retirement of a longtime commercial banking executive Wednesday.

Citizens Financial Group has recruited Donald H. McCree to be its vice chairman and head of commercial banking, the company announced Wednesday.

Atlanta-based Global Payments has entered an agreement to buy the European online payment gateway Realex Payments.

Amalgamated Bank of Chicago has sold its headquarters building for $35 million.

Retailers and financial institutions are teaming up to improve the flow of information regarding cybersecurity.

American Savings Bank in Honolulu has agreed to a proposed $2 million settlement in a class-action lawsuit tied to its overdraft fees on debit card and ATM transactions.

Retailers and bankers are teaming up to improve the flow of information regarding cybersecurity.

Morgan Stanley Chief Financial Officer Ruth Porat is leaving the bank for a post at Google, the technology giant announced Tuesday.

In keeping with the growing market for global e-commerce payments, Stripe has developed a new version of its Connect service tailored for international startups.

BBVA Compass has selected Kony Inc.'s application design platform as it looks to create some new mobile banking applications, according to a March 23 press release.