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A recent article in American Banker suggests that U.S. Bank is beginning to charge consumers $6.95 for an instant payment.

"Omnichannel" isn't just a buzzword to describe marketing and payments in different formats—it also applies to corporate dealmaking as merchant acquirers catch M&A fever.

The U.S. Court of Appeals for the D.C. Circuit will hear oral arguments Tuesday about the Consumer Financial Protection Bureau's structure, in a case that has national implications. Even though a ruling isn't expected until the end of the year, legal experts say there are four major legal issues involved.

Wells Fargo will soon begin offering its employees paid parental leave. Wells will also offer paid critical caregiving leave and a backup adult care program.

First Business Financial Services in Madison, Wis., has appointed David Seiler as chief operating officer. The $1.8 billion-asset holding company said Seiler will start in the newly created role on April 18.

Dennis Schaefer will retire as president and chief executive of SIU Credit Union in Carbondale, Illinois, on April 15.

Kearny Financial completed its IPO less than a year ago and already it has found itself in the crosshairs of Lawrence Seidman. The well-known activist is pushing for the resignation of several board members he says are overcompensated and is urging shareholders to vote against a proposal on director pay this fall.

Blockchain technology could power the digital identity of the future, with banks serving as designated authenticators on behalf of their customers.

Just days after the deadline for credit union service organizations (CUSOs) to register with the National Credit Union Administration, Credit Union Journal asked NACUSO conference attendees about their experience with the new requirement.

First Midwest Bank in Itasca, Ill., announced Friday that it has hired Jo Ann Boylan, formerly of MB Financial Bank in Chicago, as chief information and operations officer.