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HoldCo Asset Management wrote in a letter to the Boston company's chairman that it also wants the board to consider share repurchases to improve shareholder value.

Mastercard and MetaBank are helping the earned wage access provider Clair overhaul its technology platform and service offering.

The combined institution will hold assets of more than $335 million and serve over 20,000 members across eight counties in Oregon.

The former head of U.S. corporate banking for Mitsubishi UFJ Financial Group, Cronin will succeed Stephen Cummings as CEO of the New York-based MUFG Union Bank and its holding company, MUFG Americas Holdings Corp.

Banks and nonbanks are expected to vie for more commercial business this year, and nonbanks already have signaled a willingness to ease lending standards in order to win business.

Wells Fargo is opting to keep its private-label credit card unit after reaching out to potential buyers last year, according to a person with knowledge of the matter.

Fraudsters have increasingly targeted financial services, online dating sites and social media since the end of the holiday season.

Michael Moeser, Senior Analyst at PaymentsSource, talks to Kevin Weller, a senior director in the security and products group at Visa; and Jaime Howard, head of product and marketing at Cardinal Commerce; about the growing role of 3-D Secure 2.0, also known as EMV 3DS.

Richard Daugherty stepped down after more than three decades at the Maryland-based institution, including overseeing four mergers and asset growth of nearly 500%.

The tech giant says it will benefit heavily from its 2019 purchase of Worldpay as it seeks to provide digital payment services to merchants.