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Canada is often at the forefront of payments innovation, with active fintech hubs and a national initiative to restructure the country’s transaction system for e-commerce. Yet outdated attitudes about identity risk linger, showing how hard it will be to achieve global digital ID at scale.
October 7
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With David Lucas retiring in November after nine years, industry veteran Edward Fox took the reins earlier this week.
October 4
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Frustrated after being overlooked by mainstream financial institutions, organizers of the proposed Pagan Federal Credit Union are hoping to be chartered by the end of the year.
October 4
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Transit systems want to use contactless and open payment systems to address ridership declines, an innovative strategy that nonetheless is riddled with pain points due to how transit has traditionally modernized.
October 4
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A new law authorizes municipalities in the nation’s largest state to charter their own financial institutions to reinvest public funds into the community.
October 3
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When Washington Federal last rebranded, it was to signal its shift from a savings and loan association to a commercial bank. This time around, it's to reflect geographic diversity and its desire to be viewed as a bank.
October 3
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The West Bend, Wis.-based institution's new chief executive has been with the credit union for more than 15 years.
October 3
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Amid the fallout from the catastrophic collapse of Carillion last year, the U.K. government has been getting tough on late payments.
October 3
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Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.
October 2
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The agency’s Small Business Investment Company program is slumping, and Congress is pressuring its top executive, Joseph Shepard, to get it back on track or step aside.
October 2
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The California-based institution can now serve more than 3.2 million people.
October 2
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The San Diego-based institution changed its name in attempt to reach wider audience.
October 2
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Dorothy Savarese will remain the Massachusetts bank's chairman and CEO.
October 1
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Kelly Price, an executive vice president, will take over when Olan Jones Jr. retires on Jan. 1.
October 1
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Surety's first online bank, booyah, is aimed at college students and young grads.
October 1
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The Columbus, Ohio-based institution will promote Jarod Bach to president once Christine Leslie steps down.
October 1
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The Lowell, Mass.-based institution can now serve Norfolk and Suffolk counties, along with more than 150 cities across Massachusetts and New Hampshire.
October 1
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The company could raise as much as $158 million by selling shares to the public.
October 1
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The Montana company will pay $135 million for a bank with 10 branches in seven Arizona markets.
October 1
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A second activist investor is pushing the company's board to find a buyer.
October 1
