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Financial institutions that succeed in attracting more millennial users to bill pay are positioned for future success, and targeted outreach to this demographic could reap solid results.
May 3
Fiserv -
Eager to appease EMV-weary stores, Sionic Mobile is finishing tests on a system that uses a three-digit code to execute payments via mobile devices.
May 3 -
Rick Metsger becomes ninth head of National Credit Union Administration's now two-member board of directors.
May 2 -
Bank of America said it reached a $190 million agreement to resolve a six-year-old legal claim from Federal Home Loan Bank of Seattle over mortgage-backed securities sold before the financial crisis.
May 2 -
Lola Hart, who oversaw the liquidation of the controversial CertusBank in South Carolina, has been hired as the chief accounting officer of Entegra Financial in Franklin, N.C.
May 2 -
OnDeck Capital reported a quarterly loss of $12.6 million as revenues fell short of expectations. At the same time, the New York firm sharply reduced its earnings projection for the rest of the year.
May 2 -
Corsair Capital has sold its entire stake in United Community Banks in Blairsville, Ga.
May 2 -
During a discussion Monday about the impact of technology on the financial sector, tech executives argued that banks are inefficient because they are paying six-figure salaries to employees whose jobs can be computerized.
May 2 -
A handful of banking companies wrapped up M&A deals over the weekend.
May 2
