-
The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.
November 12
-
Singapore OCBC Bank will use Google Pay to support P2P transactions starting early in 2020, following a similar path as India, where banks have increasingly embraced Google Pay for transfers.
November 11
-
John Rhea has served as president and CEO of the Georgia-based institution for 11 years.
November 11
-
Most consumers, even those in rural communities, have become accustomed to digital services. That's something certain community banks better face up to, panelists at the ABA conference said.
November 10
-
The adoption of payment cards over cash varies by nation, but debit ruled nearly everywhere on the continent.
November 8
-
Chesterfield's proposed merger into Virginia Credit Union is expected to be completed in early 2020.
November 8
-
BB&T and SunTrust had to sell the branches to get Justice Department approval of their merger, a key step toward closing the deal.
November 8
-
The credit union retains a strong net worth position and saw a nearly 5% increase in members during the first three quarters of this year.
November 8
-
Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance.
November 8
-
Alibaba Group Holding Ltd. will spend $3.3 billion to raise its stake in Cainiao, in an effort to exert more control over the logistics subsidiary that underpins its sprawling e-commerce empire.
November 8
-
The veteran banker succeeded Randy Sims, who recently retired. Sims had been the Arkansas company's CEO since replacing Allison in 2009.
November 7
-
Washington Trust warned that it could lose $3 million in annual revenue after two top advisers left to join a brokerage firm. Other banks are facing similar hits.
November 7
-
The Honolulu-based credit union saw a nearly 7% increase in new members, thanks in part to an expanded branch presence in West Oahu.
November 7
-
A week after U.K. fintech Curve announced its integration with Samsung Pay, it is doing the same with Google Pay in a move that will allow its users to link all of their bank cards to Google's mobile wallet.
November 7 -
Margaret Hunnicutt, the institution's current former CFO and currenet CEO, will retire in January and be succeeded by the credit union's current chief financial officer.
November 7
-
More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says.
November 7
-
Isolationist politics are creeping closer to the payments industry, with European banks threatening to build a localized payment ecosystem to push back against the major American card brands.
November 7
-
A June data breach at Desjardins Group, Canada's largest financial cooperative, is now believed to have impacted 1.5 million more members than first reported.
November 6
-
The FDIC ordered the Seattle bank to pay a nearly $1.4 million fine tied to improper agreements with real estate brokers and homebuilders.
November 6
-
Whitefish Credit Union has surpassed $1.5 billion in total assets thanks to growth in consumer loans brought on by an increased digital marketing presence.
November 6
