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The company will enter the Iowa cities of Des Moines and Dubuque as part of the $170 million acquisition.

Upgrade, a marketplace lender founded by Laplanche just a few months after he was ousted from LendingClub, has secured more than $100 million in equity capital and says it is poised to offer more consumer credit products.

A founding member of the African-American Credit Union Coalition and winner of that group's 2018 Pete Crear Lifetime Achievement award, Montgomery reflects on her credit union journey and her hopes for the future.

The 100 dismissals in asset management follow job cuts in other divisions; the agency cites the lack of protections against fraud and market manipulation.

The information you need to start your day, from PaymentsSource and around the Web. Today: Americans keep more funds in PayPal accounts than their wallets; Coins decline in the U.K.; ZenCash changes its name; Coinbase adds payment support.

With a rare central Pacific storm set to bring as much as 20 inches of rain on the Big Island, credit unions across the state are shutting down, following the lead of schools, state employees and more.

What are community banks doing with savings from the corporate tax cut? Several CEOs share how they've put that money to use.

The best thing a banker can do today is regard the U.K. as a real-world fintech laboratory, track developments closely and seek opportunities to capitalize on change, writes Naomi Bowman, managing director for Berkeley Research Group in London.

As the digital rent market attracts new entrants like Zillow, mainstays like Cozy and YapStone are pressured to diversify and seek new audiences for their digital payments technologies.

The regulation implements a recent legislative provision dealing with how banks comply with post-crisis liquidity requirements.