The Latest

SRS Acquiom, a provider of merger and acquisition services, has appointed former JPMorgan Chase executive Heidi Miller to its board.

Jack Henry & Associates Inc. announced that F.C.I. Federal Credit Union has selected and converted to its CruiseNetcore processing system.

London-based Currency Cloud has closed out a Series C funding round, attracting $18 million from new and existing investors.

The big bank has taken heat from social conservatives about its TV advertisement featuring a same-sex couple adopting a child, but Wells executives say the ad is part of a larger campaign that embraces the many demographic groups in its customer base.

Regions Financial and U.S. Bancorp are among the institutions that are using independent filmmakers to produce high-quality videos for YouTube and other channels. Industry experts warn, however, that success is far from assured in an already crowded social media world.

Fannie Mae will no longer charge mortgage lenders to submit loans to its Desktop Underwriter automated underwriting system, a decision that follows a similar move by Freddie Mac earlier this month.

Just as U.S. regulators shy from labeling individual asset management firms as systemic, an international group of securities regulators is similarly abandoning a firm-by-firm approach.

A growing number of startups and banks are trying to design digital experiences that train users to manage their money more responsibly, starting with small amounts in mundane situations.

According to the agency's 2014 Annual Report, NCUA failed to meet all of its targets — in some cases even losing ground — for increasing the number of females, minorities and persons with disabilities at all levels of the organization, including management.

Glen Burnie Bancorp in Maryland has hired an executive from Patapsco Bank to be its new chief financial officer.