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Since first partnering with the digital banking software firm Q2 in 2019, Hoosier Hills Credit Union in Bedford has seen significant growth in new account openings and deposit balances due to stronger payroll processing capabilities.
January 3 -
The North Carolina-based company said it expects to close about 4% of its branch network, or roughly 80 offices, by the end of the first quarter. The closures come amid Truist's $750 million cost-cutting initiative.
January 3 -
After announcing a deal to buy the entirety of SunSouth Bank in Dothan last year, All In now plans to take over another bank's branches in Brewton, Clayton, Eufaula, Geneva and Louisville.
January 3 -
James Gorman, chair and CEO of Morgan Stanley, expressed optimism in an interview Wednesday that the proposed Basel III endgame capital proposal would "definitely change" before it is finalized.
January 3 -
In a crowded market for mobile payment apps, the search giant hopes to expand its support of driver's licenses, providing a key method of authentication for more financial services.
January 3 -
When you centralize a blockchain, you lose much of its inherent value. Acting Comptroller Michael Hsu's support for centralized tokenization betrays a misunderstanding of the value of decentralization.
January 3Lumida Wealth Management -
The top five banks have an average global full-time employee headcount of more than 213,000.
January 3 -
Germany, traditionally a cash-heavy economy, is seeing a rise in debit card use. Meanwhile, Indian regulators accuse several crypto exchanges of violating anti-money-laundering rules.
January 3 -
The Alabama-based bank, which reported $135 million in check fraud losses during a six-month period, says that it had changed the period of time it holds a deposit in an effort to become more customer-friendly. "We opened the door too wide, bad people came rushing in, and we didn't close the door timely enough," said CFO David Turner.
January 2 -
Co-workers remember a considerate boss who worked to create newsroom opportunities for women and minorities.
January 2