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Cloud-based point of sale company ShopKeep is in a fierce fintech battle to woo tech hungry restaurants, and has closed a $65 million round of equity and debt financing to bulk up technology and broaden its geographic footprint.

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

Digital funds transfer provider Ingo Money is launching a new software integration with Visa Direct to allow customers to initiate push-to-card payments.

Citizens Equity First Credit Union in Peoria, Ill., returned $50 million to its members last month.

Amazon and Shopify will likely improve and expand the “last mile” for e-commerce orders, putting the heat on UPS and FedEx, according to Radu Spineanu, co-founder and CEO of Two Tap.

Mobile payments technology has fallen short of expectations in major markets, particularly the U.S., where less than 10 percent of consumers routinely use devices to pay in stores — despite more than four years of aggressive development from large technology companies and banks.

A consolidation of Germany's fragmented banking market is very much in the cards, following months of speculation.

Sen. Elizabeth Warren is joining with a fellow Senate Democrat Chris Van Hollen in seeking a Banking Committee investigation of Deutsche Bank's compliance with U.S. safeguards against money laundering.

Any serious discussion of how best to update the Community Reinvestment Act for the 21st century must focus on strengthening the law, not eliminating it.