Q2, in Austin, Texas, paid $10.6 million to acquire all outstanding interests in Social Money, according to a Tuesday news release. The purchase price was subject to a customary working capital adjustment.

Achieva Credit Union is believed to be the first institution of its kind to complete a whole-bank acquisition. The deal could provide a template for other credit unions keen on buying banks.

Bank of the Ozarks' taste for M&A means its information-technology staff has to juggle integration projects and experiments with new software, mobile and other technologies.

Target has agreed to pay $39 million to settle loss claims from a two-year-old data breach that were brought by a group of financial institutions, according to court documents filed Wednesday.

An Indiana-based online test preparation company, sued this year by attorneys general in Indiana and New York, terminated employees and told them the firm is going "dormant." One of the firm's major creditors is accusing the company of fraud.

Banks are losing auto finance market share to captive lenders and finance companies, according to a new report from the credit bureau Experian.

Lloyds Banking Group in the U.K. has made Deborah McWhinney its third nonexecutive director. She joined the board at Lloyds Monday and also serves on its audit and risk committees.

U.S. Century Bank in Doral, Fla., has announced that its chief executive, Carlos Davila, will resign at the end of the year.

Banks are losing auto-finance market share to captive lenders and finance companies, according to a new report from the credit bureau Experian.

Royal Bank of Canada said fiscal fourth-quarter profit rose 11% as a jump in trading revenue and a lower tax rate helped counter slowing earnings growth from Canadian banking and declines across other key businesses.

The long-running tension between anti-money-laundering rules and data privacy concerns is especially pronounced in the awkward relationship between regulated financial institutions and digital currency businesses.

Fallout from the Consumer Financial Protection Bureau’s proposed rules governing payday loans are starting to be felt with payday lending operations across the U.S.

Hours after Jamie Dimon alluded to the budding partnership, the banking giant and marketplace lender went public with their plans to launch an online lending platform in 2016.

Banks seldom refinance student loans, but Citizens Financial consumer finance head Brendan Coughlin said that refis have become a cornerstone for his bank — and that it has the niche all to itself.

The marketplace lender LoanDepot has securitized $150 million of its unsecured personal loans.

Peoples Bancorp in Marietta, Ohio, plans to increase reserves by $6.6 million to cover four commercial loans that it's moved to impaired status.

The once-prolific acquirer had been on the sidelines for more than three years while under the ownership of National Australia Bank. But it said when it was spun off from NAB that it was mulling acquisitions and on Monday it announced a deal to buy rival HF Financial for $139.5 million.

Add retail customers to the list of groups raising concerns about possible high-pressure product-sales tactics at Wells Fargo; many of them are considering jumping ship in response, according to a new survey of customer attitudes at big banks. However, Wells' rivals shouldn't celebrate — they are at risk of losing customers, too, for a variety of reasons.