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Victor Karpiak stepped down as CEO of First Financial in 2013 after years of wrangling with a prominent activist investor.

The industry has recognized, hired and promoted a variety of executives, including the Minnesota Credit Union Foundation honoring several individuals for their contributions.

If competitors continue to seek ways to one-up the Society for Worldwide Interbank Financial Telecommunications messaging system for cross-border transactions, there is mounting evidence — and numbers — that many banks are comfortable with Swift's modern processes.

The new regulation, codifying requirements already in practice, is meant to help the mortgage giants prepare for the adoption of a uniform security in June.

E.J. Donaghey has left University of Illinois Credit Union to become the new president and CEO of Fort Dodge, Iowa-based Citizens Community CU.

JD.com Inc. posted fourth-quarter revenue ahead of estimates, as Singles Day promotions helped the Google-backed online retailer fend off competition despite a decelerating Chinese economy.

Credit unions must walk a fine line between making interactions for members as easy as possible while also providing robust protection against evolving cybersecurity threats.

The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers.

The companies have teamed up on a product to help banks, especially small ones, give customers more accurate insights into their own financial health.

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.