The Latest

Citigroup plans to close three of its four London branches as the company seeks to cut costs and focus on digital services.

Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.

It took several offers for First Busey to seal a deal to buy First Community Financial Partners, and the details in a recent public filing of the back and forth between the two Illinois banks show how patience in merger negotiations is a must.

At a time when customers are rapidly switching to digital banking, scores of branches are closing. But many institutions — mindful that brick-and-mortar locations remain a critical sales channel — are also experimenting with physical layouts that are focused on technology and generally smaller than traditional branches. In some cases, they have even done away with employees. Here is a look at some of the designs that banks have built as they seek to fuse the physical with the digital.

Starbucks customers will soon be able to send Starbucks gifts to other iOS device users via Apple Inc.’s iMessage platform with Apple Pay.

Accenture has agreed to acquire First Annapolis Consulting in an effort to add payments expertise in several international markets.

Lee Butke of Corporate One FCU and Robert Burrow of Bayer Heritage FCU are among the appointees to the Federal Reserve Bank of Cleveland's Community Depository Institutions Advisory Council.

Texas Trust CU's latest financial education effort has a simple goal: If you can manage an unmanned aerial drone, you should be able to manage your finances.

Card issuers are sounding the alarm about the Consumer Financial Protection Bureau's final prepaid rule, claiming that without fixes the agency has opened the door to potential fraud on unregistered cards.

New hires, promotions, board elections and more credit union officials in the news.