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The proposed merger of two family-owned institutions would create a $5 billion-asset bank in Texas.
November 13 -
Community South Credit Union and LSI teamed up in the wake of Hurricane Michael to put a new spin on collections calls.
November 13
Community South Credit Union -
The banking agencies have proposed weakening several liquidity, capital and stress test requirements without considering the cumulative effect of the many changes being undertaken.
November 13
Center for American Progress -
Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, Chief Executive Officer Brad Garlinghouse said.
November 13 -
The Memphis-based CUSO, known for its NewSolutions system, signed six credit unions, all with assets under $140 million.
November 13 -
PayPal co-founder Max Levchin has built a $1.8 billion business offering installment plans to American consumers. The problem: most shoppers have no idea they’re using his company, Affirm, when they choose how to pay at checkout.
November 13 -
With fraud rising alongside mobile deposit usage, credit union executives needed a way to solve the problem without making the process burdensome to employees and members.
November 13 -
Organizers of Community Bank of the Carolinas in Winston-Salem have raised $13.6 million. The group has to bring in at least $25 million.
November 13 -
The payment terminal maker Poynt, a rival to Square and other hardware providers with customized software applications for merchants, has raised $100 million in a Series C funding round with strategic partners Elavon and National Australia Bank.
November 13 -
Motor vehicle agencies are better suited to vet customers’ identities than banks; Goldman unit is stealing customers from big U.K. banks.
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