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Corporate payments provider WEX has added Visa commercial virtual cards to its platform for B2B payments.

Jim Lumpkin, president and CEO of the Portland, Ore.-based institution, is planning to retire in the first quarter of 2020.

CUs in both states surpassed total asset milestones, but many business lines are growing at a slower pace than they were one year ago.

Credit unions have hired new executives to oversee areas such as human resources and retail lending while others have been recognized for their achievements.

It’s higher stakes than usual for some of Amazon’s biggest rivals—including Walmart—as the e-commerce giant’s 48-hour Amazon Prime Day event nears.

The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.

The $10 million-asset institution struggled with profitability, posting a loss of more than $12,000 during Q1.

Often overlooked as prospects by financial services institutions who have increasingly focused on the wealthy, hourly workers represent a massive pool of underserved consumers with distinct financial needs.

The central bank has a long history of fighting reforms to the Community Reinvestment Act, until now.

Charles Friederichs, already serving in an interim capacity, has been appointed permanent CEO of the $1.1 billion-asset institution.