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Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.

Restaurant point of sale and back-office management provider Toast raised $250 million in a Series E funding round, valuing the company at $2.7 billion, and is adding David Yuan from TCV to its board of directors.

Here’s a look at some of the most recent philanthropic initiatives from credit unions across the country.

Constellation Federal Credit Union has received the OK from members and regulators to merge into $3.4 billion-asset Northwest FCU.

The bank is one of many to realize that artificial intelligence is only as good as the data fed into it.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

The EMVCo standards organization has accredited FIME's transaction security testing labs for the upgraded EMV contactless interface software.

Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.

While banks are oftentimes simply too big to react to this consumer change quickly, more agile fintechs have been much faster to prioritize mobile-first POS financing, argues Nufar Segal, general manager of consumer financing at Jifiti.

While many Americans and Europeans are comfortable using biometric authentication to access their smartphones and bank accounts, the real leader in biometric adoption for payments is actually the government of India.