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Fewer than 30 CUs in the state would be eligible to make use of the rule, intended to help rural institutions and others attract a more qualified pool of directors and committee members.

Stock markets have endured dramatic swings since the coronavirus erupted in China and talks of pandemics surfaced. But the notoriously volatile bitcoin market has been steadily climbing as investors see value in crypto's ability to thrive as traditional financial rails are under pressure.

Brian McKay will lead the Greensville, S.C.-based credit union beginning in April

Kabbage Inc. is offering tailored loans to small businesses that have unexpected cash flow needs, hoping to grab a wider share of its clients' relationships.

Kaustav Das was part of Kabbage’s effort to transform small-business lending by using new data analytics, and the CEO of Petal wants him to help it do the same in consumer credit cards.

Since the Payment Card Industry Data Security Standard was introduced in 2004, many merchants found compliance to be too arduous or costly and just skipped it, risking fines. But increasingly, other regulations like GDPR are changing the PCI DSS compliance equation.

Activist investor Starboard Value has built a position in Green Dot Corp. and may push for changes including a potential merger at the prepaid debit card company.

It’s not even a month into 2020 and some analysts are already predicting a record-setting year and mass adoption for bitcoin.

Each of the half-dozen institutions has $15 million or less in assets and has filed its 5300 late at least once before.

The company agreed to acquire Alliance Benefit Group of Illinois, which has more than 600 clients and 40,000 plan participants.