The Latest

By dropping out of the mobile card reader business, Amazon is focusing on the one-click Pay with Amazon app and further embedding payments into its customer relationship management.

Chippewa Valley Bank in Winter, Wis., has agreed to buy most of the assets of State Bank of Drummond in Drummond, Wis.

CIT Group is weighing spinning off its aircraft-leasing business as the commercial lender seeks to simplify operations and focus more on the U.S., Chief Executive Officer John Thain said.

BlackRock has agreed to purchase an $87 billion money-market fund business from Bank of America as it builds scale in an industry grappling with new regulations.

MasterCard has appointed Craig Vosburg to president of North America markets.

Financial services technology company Fiserv and bank-owned risk management provider Early Warning are partnering to add scale for deposit accounts and bill payment services.

Although millennials are less trusting of financial advisors than older investors, there are still ways for wealth management firms to court younger clients.

Financial services technology company Fiserv and bank-owned risk management provider Early Warning are partnering to add scale for deposit accounts and bill payment services.

CIT Group, the commercial lender that’s expanded into retail banking, posted profit that beat analysts’ estimates as loans and deposits increased with the acquisition of OneWest Bank Group.

BlackRock's cash-management business has agreed to manage about $87 billion in assets for Bank of America clients as it seeks to build scale in an industry grappling with money-market fund regulations.