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Nasdaq Inc. said it used blockchain technology to complete and record a private securities transaction for the first time, as the exchange operator seeks to pull ahead of a crowded sector that so far has offered more hype than reality.

Amboy Bancorp in Amboy, Ill., has agreed to buy Franklin Grove Bank in Franklin Grove, Ill.

Cornerstone Credit Union League (CCUL) said its president and CEO Richard L. Ensweiler has advised the board of directors that he will retire, effective April 30, 2017.

Moving from a web-based mobile browser to an app and adding new functionality helped drive big gains in mobile adoption and usage.

Debt buyer PRA Group announced that Lance L. Weaver has been appointed by the company's board of directors to serve as an independent director.

A voter initiative in South Dakota to cap payday loan interest rates at 36% will be on the state’s ballot next year despite complaints from payday lenders that it will put them out of business.

FMSI COO Meredith Deen suggests a new approach to branch service offers a key differentiator for credit union in an increasingly crowded field.

Nominations for the Pennsylvania Credit Union Association’s board of directors are due Jan. 15.

An overhaul of money-market funds, years in the making and fiercely opposed by the financial sector, will take effect in 2016. There's little debating that the new rules will be bad for some banks, but they could also create new opportunities for small and mid-sized banks in need of cheaper funding.

Despite increased investment and development in the consumer payments space around mag stripe, EMV and contactless payments solutions, there is still a huge concern when it comes to data theft.