Kristin Broughton

Associated Banc-Corp in Green Bay, Wis., is planning to join the New York Stock Exchange.

The market for the serving underbanked customers expanded last year, mostly due to a rising demand for subprime auto loans, the Center for Financial Services Innovation said Thursday.

Renasant Corp. in Tupelo, Miss., has agreed to buy Heritage Financial Group in Albany, Ga., for roughly $258 million.

New York banking regulator Benjamin Lawsky provided details Wednesday about his plan to require the state's financial institutions to strengthen their cyberdefense systems.

Anchor Bancorp in St. Paul, Minn., has agreed to buy VFSC in Eden Prairie, Minn.

Earlier opposition to the idea appears to have eased in the wake of a new proposal that would use interbank fees to cover the cost of technological upgrades.

SkyOne Federal CU in Hawthorne, Calif., has received an award from the Internet Marketing Association for its website and social media presence.

Worldpay, a payments processing and technology company based in London, plans to move its U.S. headquarters to Atlanta.

Blackhawk Network has reached an agreement with the U.S. Postal Service to distribute its closed-loop gift cards through post offices.

Banks would have to upgrade their systems to accommodate faster transactions, and originating banks would pay the receiving financial institutions a fee to cover those costs, under a plan from Nacha, the industry group that sets ACH rules.

Banks would have to upgrade their systems to accommodate faster transactions, and originating banks would pay the receiving financial institutions a fee to cover those costs, under a plan from Nacha, the industry group that sets ACH rules.

The industry group that sets the rules for the automated clearing house network on Tuesday formally offered its proposal for developing a same-day payments system. It was the latest move in an industrywide push for faster transactions.

M&T Bancorp in Buffalo, N.Y., has once again delayed its planned purchase of Hudson City Bancorp in Paramus, N.J.

Commonfund, an investment management firm in Wilton, Conn., has hired Catherine Keating as its chief executive.

The Aschheim, Germany-based payments company will process subscriptions for the TV station's Sky Starter and Sky Film packages.

Western Union has upgraded its foreign wire exchange platform by integrating software from Fiserv.

SmartFinancial in Pigeon Forge, Tenn., has agreed to merge with Cornerstone Bancshares in Chattanooga, Tenn.

SignaPay, a payment processing company based in Irving, Texas, has acquired PayHub, a merchant services company in San Rafael, Calif.

Alipay, the payments affiliate of Alibaba, leads the market for online third-party payment services in China, according to a recent iResesarch, a Chinese market research firm.

Virgin Money has struck a seven-year deal with the British financial tech company Monitise to develop the U.K. bank's mobile products.