The Latest

Several non-U.S. core systems providers are trying to make American banks their clients, but they still face challenges penetrating an entrenched marketplace.

Payments processor and technology provider Total System Services Inc. has begun a long-term agreement to provide debit transaction processing for Virgin Money customers in the U.K.

CIT Group in Livingston, N.J., has promoted Steve Solk to president of consumer banking in California.

While one economist recently reminded credit unions that household incomes have finally returned to pre-recession levels, another has just released data that shows credit union business lending – a creator of U.S. jobs – is still down significantly from eight years ago.

FIS has added Zelle, Early Warning’s P-to-P system (formerly clearXchange), to its offerings as it seeks to expand its real-time payments suite.

The decisions by JPMorgan Chase, Fifth Third and other banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed.

Some regulators have begun to acknowledge that it's time to rethink the regulatory system put in place in the wake of the financial crisis, while others are raising warnings about weakening safeguards.

The National Credit Union Administration in November issued four notices of prohibition to individuals who have been convicted of crimes of dishonesty.

Credit Union of Texas in Dallas has selected three new systems to more efficiently extract, integrate and harness data.

TruStone’s Bosiacki named CEO of the Month and other CU professionals in the news.