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The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.

PayU is expanding its umbrella of payment companies in developing markets in a $70 million deal to buy Wibmo, a Cupertino, Calif.-based digital payments company that integrates with banks in 20 countries for payment authentication and security.

In a twist, bank lobbyists in the Sunflower State did not push back against nearly 70 proposed changes.

Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls.

Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A.

The San Francisco bank has roughly doubled its assets in the last five years without the benefit of an acquisition.

The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing in Europe so far this year and the third major IPO of a payment-processing institution in the region in less than a year.

Harvard University’s endowment is backing Blockstack Inc., a crypto-company that seeks to hold a $50 million digital-token offering.

French card issuer Prepaid Financial Services has partnered with Google to allow its customers in the U.K. to add their prepaid cards to the Google Pay mobile wallet.