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Washington Federal Chairman and Chief Executive Roy M. Whitehead will hand off his CEO duties to Brent Beardall this spring.

Valley National Bancorp in Wayne, N.J., has a new president. The $22 billion-asset company said in a press release Thursday that Rudy Schupp had also become chief banking officer at its bank.

Wells Fargo's innovation group has appointed Peggy Mangot for the newly created position of senior vice president of its design and delivery leadership team.

2016 was very good to these financial services executives, who succeeded where others failed, sold their businesses for large sums, felt the love of regulators or could finally breathe a sigh of relief.

Retailers are fighting back against financial industry efforts to repeal a cap on debit interchange fees.

Lino Lakes, Minn.-based core processing provider Sharetec System on Thursday said BCBST (BlueCross BlueShield of Tennessee) Employees Credit Union has converted to the Sharetec core processing solution.

Any method for unwinding too-big-to-fail institutions that tries to avoid bailouts is a fool's errand. A more effective path may be reducing the size of TBTF banks or regulating them as utilities.

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Carnival gets into wearables; blockchain players head to Davos; a Scottish university offers a Masters of Fintech; Amazon ties Alexa to order ahead app.

Carolina Alliance Bank in Spartanburg, S.C., is planning to form a holding company.

It's possible to use mobile wallets such as Apple Pay to enroll vending machine customers into a loyalty program — a concept that seems at odds with the impulsive and anonymous nature of most vending machine purchases.