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The fresh optimism is starting to outweigh some of the worries hanging over the sector heading into the new year.

House Financial Services Committee Chairwoman Maxine Waters said oversight of the bank will be a focus for the panel next year.

Coastal Credit Union and Hascom FCU have added to their IT departments while others have appointed board members, recognized employee landmarks and more.

Many large lenders pointed regulatory restrictions on their balance sheets and reduced risk appetite to explain why they stood on the sidelines during the September spike in overnight funding rates, according to a Federal Reserve survey of senior credit officers.

Five years after rebranding as a growth strategy, small Turbine FCU has been approved to merge into Durham, N.C.-based Self-Help Credit Union.

The bank sees digital assets as part of the future and "we want to be there when this happens," says Ralph Achkar, head of digital product development and innovation.

Following its $2.3 billion IPO, payment processor Nexi made another large deal to scale its merchant services.

The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central bank.

The Federal Reserve is investigating what may have caused delays in the processing of ACH transactions that began late Wednesday and continued into Thursday morning.

Customers will be able to use the service by clicking on the QR transactions option and using their camera to scan the code that appears on the app screen.