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The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions.

More than 20 different states are part of the Juntos Avanzamos network, with dozens of CUs participating from across the country.

The $36.3 billion-asset bank reported double-digit growth in C&I loans, commercial real estate loans and specialty loans to the private-equity, entertainment and energy industries in the third quarter.

Acting Comptroller of the Currency Keith Noreika pushed back against concerns that his agency's proposed fintech charter will unduly benefit nonfinancial firms.

Square has been adding myriad services as it seeks to become a full-service merchant gateway.

Robust growth in net interest income, combined with a lower provision for loan losses, helped boost Webster Financial Corp.'s profits to a record $62.4 million in the third quarter, 26% higher than a year earlier.

First Data posts an acquisition release in error, though it may eventually buy the company.

Federal regulators are moving forward with plans to finalize one of the last significant Obama-era rules governing long-term bank liquidity despite widespread expectations by banks that the proposal was all but dead.

Credit union representatives on Wednesday praised the regulator for its newfound willingness to hear their concerns on the budget, but emphasized that 10 years of budget increases – during which time the number of CUs has shrunk by a quarter – is enough.

On selected billing dates, Qualpay will automatically charge customers on an assigned plan and provide reports of the transaction activity.