The Latest

Knowing that fraudsters will target those unprepared to handle EMV chip cards when the liability shift takes place Oct. 1, payment processor Elavon has developed a data security package to protect small businesses.

A group of Bank of America private bankers that helped anchor the firm's wealth-management practice in one of California's wealthiest enclaves has defected to start an independent company.

Keys Federal Credit Union, a $121-million institution based in Key West, Fla., announced the formation of a new volunteer board of directors and supervisory committee, just one week NCUA took Keys FCU out of conservatorship.

Like most financial institutions, First Financial Credit Union was not an Apple Pay launch partner. And because of that, it was able to deploy Apple's mobile wallet with just $2,500 in marketing costs.

Ameris Bancorp in Moultrie, Ga., plans to close 10 branches in an effort to save about $5 million a year in operating costs.

WASHINGTON — The Consumer Financial Protection Bureau's method for detecting discrimination by indirect auto lenders can overestimate potential bias, resulting in higher payments for lenders cited by the agency, according to internal CFPB documents.

Like most financial institutions, First Financial Credit Union was not an Apple Pay launch partner. And because of that, it was able to deploy Apple's mobile wallet with just $2,500 in marketing costs.

Nacha's same-day ACH payments are unlikely to improve business-to-business payments without additional tweaks. Other payment rails can also help put a solid infrastructure in place.

Centrue Financial in Ottawa, Ill., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.

Fifth Third Bank will pay $18 million to settle Consumer Financial Protection Bureau allegations it discriminated against black and Hispanic consumers by charging some people higher interest rates on auto loans.