The Latest

M&T Bank in Buffalo, N.Y., has completed its acquisition of Hudson City Bancorp in Paramus, N.J., putting to rest a deal that had been announced more than three years earlier.

Equity Bancshares in Wichita, Kan., is planning to raise up to $36 million through an initial public offering.

Los Angeles-based marketplace lender AssetAvenue has named a new chief executive.

Global Financial Support, a student financial aid company, is facing a CFPB lawsuit for allegedly tricking consumers into paying for sham financial aid services and falsely indicating it was affiliated with government and academic institutions.

The EMV deadline has come and gone, and customers and retailers alike are realizing that they need to understand and adapt to the new payment reality both online and offline.

Gift cards don't seem like the coolest technology in the payments world, but new and reinvented digital gifting platforms are changing the conversation – by borrowing text-messaging staples like emoji.

Banks have added so much capital in the past several years that they're better protected from declines in real estate values than they were before the financial crisis.

The Federal Reserve Board issued a proposal Friday to require the largest and most systemically risky banks to issue additional capital and unsecured debt to absorb losses in a failure, a move that experts say could ultimately make the banks less complex and easier to resolve in a crisis.

IMGCAP(1)]

Now the question is: will online portals become a significant source of financing for U.S. small businesses, or will red tape get in the way?