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Dilip Ratha, an economist at the World Bank, shows how the power of a simple remittance sent from one family member to another could be magnified to improve the lives of poor people.

It's impossible to predict the future, but many companies in the payments industry have already made commitments that will shape the year ahead. Here are a few things to expect in 2016.

Heritage Bankshares in Norfolk, Va., has exited the Small Business Lending Fund, ahead of its proposed deal to be acquired by Southern BancShares in Mount Olive, N.C.

A former M&T Bank executive was sentenced to 39 months prison time for leading a fraudulent scheme involving about $5.3 million in small-business loans.

As debt collection abuse cases rise in prominence and regulators ponder new rules, it's time to give the idea of a national debt registry a closer look.

SB Financial Group in Defiance, Ohio, has bought a former Fifth Third Bank branch in Bowling Green, Ohio.

The Dodd-Frank Act is a burden on community banks and credit unions but regulators are struggling to quantify the costs, according to a report released Wednesday by the Government Accountability Office.

Prime Meridian Holding in Tallahassee, Fla., has tapped a board member to serve as its new chief financial officer.