The Latest

First Bancshares in Hattiesburg, Miss., has agreed to buy two banks in Alabama and Florida and it announced plans for a capital-raise to fund the deals.

Consumers voted with their feet in September, as the embattled bank said Friday that new checking accounts were down by 25% from year earlier.

Time capsules, “denim days” and supporting local nonprofits are just a few of the highlights from the latest round-up of credit union community news.

SVB Financial and Mastercard have accepted six startups for the fifth installment of their accelerator, Commerce.Innovated.

Its reputation tarnished by revelations that employees opened roughly 2 million phony accounts in order to meet sales targets, Wells Fargo last month suffered a steep decline in new retail checking accounts and credit card applications.

Mobile payments are catching on in Europe at a fast clip, as the number of consumers regularly using a mobile device for payments has tripled since 2015, according to new Visa research.

Consumers voted with their feet in September, as the embattled bank said Friday that new checking accounts were down by 25% from a year earlier.

The pressure to shave friction from cross-border payments will spur even the biggest merchants to seek help from third parties, if dLocal's market plan is correct.

In honor of International Credit Union Day, Credit Union Journal offers its annual Day in the Life of Credit Unions project in which CUs are invited to take photos throughout the day on the same day to illustrate the typical—and sometimes not-so-typical—day at a credit union. Because no matter what day it is, credit unions are living out the mission helping to improve the lives of their members and the communities they serve.

The first-ever week-long celebration of credit unions in the Nutmeg State is timed to coincide with International Credit Union Day.