Finance

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.

Disruptors have chased banks for years with the promise of easier and more social payments and other services, but only recently have they started wielding a weapon that should have incumbents worried, says investor Adam Dell.

Larry Mazza, MVB’s chief executive, joined the board at BillGO.

There is optimism that consolidation could bounce back from a lackluster 2016 as bank stocks rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term.

Swedish mobile point of sale company iZettle has raised about $80 million in funding, in part from U.S. investors.

Luminate Capital Partners has made an investment in Financial Information Technologies (Fintech), a company that sells data management, payment and software to the spirits industry.

F.N.B., Iberiabank and Simmons First are among the banks entering new regions. A growing need for scale and increased use of technology are among the reasons for their aggressive moves.

Wells Fargo's retail-banking chief will unveil the bank's new compensation plan next week.

Samsung has launched a $150 million venture capital investment fund to expand its partnerships and collaborations with fintech startups.

Clarity Money, an artificial intelligence-driven payment concierge, launched on Wednesday, a move its founders hope will provide consumers with an advanced financial health tool.

Shivan Govindan, chairman of First NBC Bank in New Orleans, has taken on the task of salvaging a bank that is reeling from accounting issues and a substantial capital requirement from regulators.

Green Bancorp's aggressive plan to attack its credit quality troubles and do what few Texas banks once would have dreamed of – quit energy lending – make it a subject of debate and a community bank to watch closely in 2017.

Get out of the red six months from now. That is Fred Viaud's goal for Glen Rock Savings Bank in New Jersey, which on Tuesday said he would be promoted to president and CEO next week.

Deutsche Bank AG will have to clear a lower capital hurdle next year, joining other European lenders who are benefiting from a change in how the European Central Bank sets the requirements.

The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.

Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.

Highlands Bancorp in Vernon, N.J., has raised $8.5 million through a sale of common stock.

American Banker predicted these five bankers would make news. Several delivered, mostly with small, strategic deals and finding ways to make money in spite of challenging conditions.

Add Investar Holding in Baton Rouge, La., to the growing list of community banks filing shelf registrations.

The blockchain startup Axoni has raised $18 million in a Series A funding round led by Wells Fargo and Euclid Opportunities, the fintech investment business of the interdealer brokerage ICAP.