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Comerica in Dallas has promoted Curtis Farmer to president.

MasterCard Inc. is "keen" on taking advantage of opportunities in China and could establish domestic operations in that country by the end of 2016, Chief Executive Officer Ajay Banga said.

Dekkers Davidson, called a "rock star" of mobile payments when he became head of the Merchant Customer Exchange two years ago, has left the building. But the show must go on for the merchant mobile wallet.

BISMARCK, N.D.—CU Social Good, which was launched by the Credit Union Association of the Dakotas (CUAD) in 2013, announced it has entered into partnerships with six credit union leagues representing nine states nationwide to collect stories about what good works these organizations are doing.

As Facebook and Google increasingly become de facto managers of consumers' online identities, some wonder if another, more trusted party, such as banks or the government, should step up and take on this role.

TOLEDO, Ohio — Toledo Metro FCU announced that Dan Zimolzak is the new president/CEO of the $40 million institution.

Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced April 28.

Coinbase, a U.S.-based Bitcoin exchange with many prominent merchant clients, has spread its services into the U.K. where bankers and regulators have been more welcoming of digital currency innovations.

The unit, which lends to private equity-backed companies and includes GE Antares, has long been a major force in the middle market.

Individual rules put in place after the financial crisis have made some large banks safer, but the number and complexity of new regulations may well have made the overall system riskier, according to a provocative new paper by a top financial analytics firm.