The Latest

Will Howle, head of U.S. retail and mortgage banking, and Alice Milligan, chief digital experience officer, will leave this spring.

ComplyAdvantage, Cinnamon and Zoovu recently raised millions of dollars to fuel expansion of their automated risk management, data-scanning and customer service products geared toward financial services companies.

Japan’s Mizuho Bank will unveil a digital currency platform next month with an app enabling customers to pay at participating merchants with the new J-Coin Pay via a QR code.

China's rapid urbanization is causing a payments technology gap between the city and country, leading the government to issue a plan to bring digital payments in small towns and rural areas, a move that should also boost volume for Ant and Tencent's payments businesses.

Fuel payment options in the trucking industry have long relied on private-label cards from giants like Comdata and WEX, but a new challenger called Gas Pos is hoping to break in by capitalizing on new payments technology and the looming gas-station EMV migration.

Governor JB Pritzker has nominated Deborah Hagan as secretary of the state's Department of Financial and Professional Regulation, where her duties would include overseeing state-chartered CUs.

Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture.

The OCC said that branches in New York, Los Angeles and Chicago will be required to take certain corrective actions, but it did not hit the Japanese-owned bank with any financial penalties.

Quadriga Fintech Solutions Corp. is in danger of running out of cash to cover the cost of its restructuring unless the Vancouver-based crypto exchange can retrieve money from banks and payments processors, according to the firm overseeing the process.

The federal banking agencies will not hold a hearing on a proposal to reduce the number of residential real estate transactions that require an appraisal.