The Latest

Madison County Financial in Madison, Neb., has bought a bank and insurance agency in Winside, Neb.

The Federal Bureau of Investigation has walked back a Public Service Announcement that urged consumers and merchants to use a PIN for EMV-chip card transactions. The new statement, posted Oct. 13 on the Internet Crime Complaint Center, clarified the use of EMV security.

Kerv, a London-based developer of a payment-capable ring, has reached its funding goal on the Kickstarter crowdfunding site.

Student sales associates at NE PA Community Federal Credit Union are doing more than learning about working for a credit union--they are also teaching the credit union’s executives how to use new technologies.

Executives at United Community in Georgia say they have a list of 50 targets as the company nears $10 billion in assets. A large transformative deal would also be considered.

IDology, an Atlanta provider of fraud-prevention and identity verification, has made an equity investment in the mobile identity authentication provider Payfone.

The North Carolina company had worked hard over the last five years to address credit issues and return to acquisitions. In the end, the company agreed to sell itself for a healthy premium to the state’s biggest community bank.

Strategies that help mortgage lenders get a handle on final Dodd-Frank Act implementation costs and better reach the next generation of homeowners will be among the hot topics discussed during the 2015 Mortgage Bankers Association's Annual Convention.

The Pew Charitable Trusts' Nick Bourke's recent observation that more competition in short-term credit would benefit consumers is correct. But in the relatively unregulated environment that existed before 2013, very few banks chose to enter this market.

While debate continues over whether credit union “volunteers” should be paid, a study reveals the lengths to which many CUs are already compensating their volunteer board and committee members, even without formally paying them.