The Latest

An Israeli startup in the emerging B2B2C space that allows consumers to make payments through major messaging apps has completed a $6 million round of funding backed by Banco Santander, Mastercard and other investors.

The longtime CEO of Oconee Federal Financial in Seneca, S.C., is handing the reins to his son. Curtis T. Evatt, Oconee's president and chief financial officer, will succeed T. Rhett Evatt as CEO of the $484 million-asset holding company and Oconee Federal Savings and Loan Association on Jan. 1.

The U.S. is expected to receive bad marks over its supervision of certain high-risk nonfinancial institutions, like lawyers, casinos and real estate agents, for potential anti-money-laundering problems in an upcoming evaluation by the Financial Action Task Force.

The Atlanta Federal Reserve Bank was already under pressure to replace outgoing president Dennis Lockhart with a person of color – preferably the first African-American to head a Fed bank. But the election of Donald Trump has compounded the importance of the pick.

Belmont Savings in Massachusetts isn't trying to fire or replace its employees who work the phones pursuing sales leads, but it has made some technological investments to get more out of them.

Hopes are high among bankers that soon-to-be President Donald Trump and the new Congress will quickly lower the corporate tax rate. But a tax overhaul might benefit community banks and small regionals more than larger banks, especially those reliant on tax strategies that might be less meaningful in a new system.

The spread of new payment technology and omnichannel commerce are changing the way people shop during the holiday season, even in brick-and-mortar stores. Here are a few noteworthy trends this season.

Threats to the Consumer Financial Protection Bureau's future became more real with Donald Trump's victory, but all the outrage over the bureau's policies is overblown.

It’s the time of year to give thanks, and some of the things credit unions are grateful for this year include continued gains in membership and loan growth, a rare alliance between CUNA and NAFCU, Wells Fargo’s misfortunes (and their potential to drive more consumers to credit unions) and, most notably, the prospect of regulatory relief under President-elect Donald Trump. Here are just a few things the movement might be celebrating this Thanksgiving.

Now known as Tidemark FCU, the Delaware-based credit union changed its name as part of its expansion into Maryland.