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Chief executives of Wall Street's largest banks were awarded record pay packages last year as profits soared. Nearly 2,500 miles away, the CEO of a little-known online lender, born at the height of the dot-com bubble, quietly outearned them all.

Jamie Forese, long considered the potential successor to Citigroup Chief Executive Officer Michael Corbat, is departing after 34 years at the firm.

The bipartisan bill, praised by credit union trade groups, is the top 2019 legislative priority for the Defense Credit Union Council.

Small banks rise up against “onerous contracts and sometimes mediocre digital offerings”; Quarles warns banks to speed up preparations for Libor sunset.

The information you need to start your day, from PaymentsSource and around the Web. Today: Square opens online store in U.K.; Swift releases new security research; Physical ATM attacks on the rise; Most hotels have a security gap.

Some credit unions are embracing technology that makes it easier for consumers to start the notoriously difficult process of changing financial institutions.

Following its own economic downturn that required bailouts by Saudi Arabia, Kuwait and the United Arab Emirates, Bahrain’s governors hit on an economic recovery plan that includes turning the tiny nation into a global payments hub.

With no firm dates announced for processing certification and delivery dates for new hardware and upgrade kits 120 days or more out, the Windows 10 migration is shaping up to be a scheduling and budgetary nightmare, writes Yonas Marcos, president and CEO of Star Financial Services.

In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.

Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.