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Jenn LaClair will replace Chris Halmy, who is retiring. She most recently headed up PNC's business bank.

John Kimberly, who was CEO of a bank that CAB bought in 2014, is set to take the helm on Jan. 1.

House and Senate bills contain a provision that would let financial firms in all states use digital scans of photo IDs to verify identities of prospective customers. That could ease the account-opening process for consumers in areas where branches are few and far between.

The California company is set to pick up a dozen branches after it buys FNB for $315 million.

The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.

In a relationship-based business, it’s not enough to sell your customers a sharp tool to pay for things. You also have to help them avoid cutting themselves with it.

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

Price of digital currency jumps 24% in first day of futures trading; Jay Clayton tells buyers to beware, then halts an initial coin offering.

Atos SE made a 4.3-billion-euro ($5.06 billion) unsolicited bid for Gemalto NV with the backing of the French state’s investment bank, seeking to create a European leader in cybersecurity, digital technologies and payment services.

The information you need to start your day, from PaymentsSource and around the Web. Today: Samsung Pay pushes mobile transit pay in Hong Hong: Russian hack ring steals $10 million; VC flows to bitcoin investment exchanges; Australia's post office adds bill pay technology.