The Latest

The two agencies have delayed the deadline for the public to respond to a request for information on the rating system used to score banks' overall health.

Renee Ouellette has taken the helm as a permanent successor to UCU's previous CEO, who took a position with a bank earlier this year.

Fiserv has sold a lockbox processing unit to Deluxe, the second such acquisition for Deluxe in as many months.

The San Francisco-based Ripple, which launched in 2012, will use the funding to add personnel to its global organization and enrich its services that power payments using blockchain technology with its XRP platform.

Open banking transactions are not initiated by a consumer but are coming from another financial services company. This could make some fraud detection models in place today obsolete.

Ant Financial, the online finance giant that operates Alipay, said veteran Simon Hu, 49, would become CEO. He will take over the role from Eric Jing, 47, who will remain executive chairman.

Facebook acquired a small video-shopping startup earlier this year to help build a live shopping feature inside the company’s Marketplace product, according to a person familiar with the plans.

Following a merger earlier this fall, McCone County FCU has unveiled its new name.

The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.

Members of Southwest Colorado Federal Credit Union in Durango have approved a deal that will see the $55 million-asset shop merge into Credit Union of Colorado.