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The Columbus, Ga., company had been counting on increased volume to offset a squeeze in net interest margins.

The $32 million merger will create a bank with nearly $1 billion in assets.

Mastercard plans to acquire loyalty and marketing company SessionM to help its merchant clients build their brands and grow their businesses.

Ellen Alemany said that CIT's deal for Mutual of Omaha Bank will immediately lower the bank's deposit funding by 20 basis points. She also reiterated that the acquisition would make CIT more attractive to potential buyers.

New tech can help banks with less cumbersome systems track suspicious activity more effectively.

Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.

Credit Union of America has given some executives additional roles while other institutions have announced new hires and promotions.

The deal, which is expected to close in mid-2020, would create a company with nearly $18 billion of assets and more than $14 billion of deposits.

HTC's blockchain phone; South Korea's digital ID project; Kik still kicking; and other information you need to start your day, from PaymentsSource and around the web.