Location Root Tag

It’s not yet time to retire the notion that businesses favor checks for supply chains, but deployments in multiple markets signals a turning point in modernizing B2B payments.

Once the merger between Infinity FCU and Vibrant CU is completed, the combined institution will have 17 branches across five states.

The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there.

Bankers are downplaying such concerns, but others say a sharp decline in values on rent-regulated buildings means landlords will have less cash flow to acquire new properties.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

The Arkansas company will pay $434 million for Landrum Co., which also has branches in Oklahoma and Texas.

The Boulder, Colo.-based institution will now serve a dozen counties in its home state.

The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.

Long overshadowed by food delivery startups such as Uber Eats and on-demand delivery service players such as Postmates, delivering fuel to a consumer’s vehicle is a convenience service that is growing in the U.S. and other markets.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

Brexit seems more likely than ever, as the U.K.'s new prime minister, Boris Johnson, has committed to meeting the October 31 deadline for a deal to leave the EU. But despite the lingering uncertainty over how that will happen, Mastercard is not abandoning its bullish stance on Europe.

The Las Vegas-based institution said its income for the first half of the year was down as it put more into its loan-loss provision.

Investments in open-banking fintechs have accelerated recently, as many European banks are struggling to implement PSD2-compliant open banking APIs to meet the EU’s September 2019 deadline.

Glint has launched a U.S. version of its European gold-based debit Mastercard and app that creates an alternative currency for long-term savings as well as for use in spending on everyday transactions.

Locations with a welcoming atmosphere and the latest technology can be a key part of a credit union’s marketing strategy.

Byline Bancorp is in discussions to buy Parkway Bank and Trust, according to a local publication.

Record oil production has lenders contemplating acquisitions in the region.

Most agencies use electronic benefit transfer to deliver funds to prepaid cards, but recipients who need access to cash are often caught in a bind, with fewer convenient or free ATMs available in an increasingly digital payments landscape.

First Financial Banc will gain nearly $300 million in liquidity when it acquires First National Corp. of Wynne.

Lending at credit unions in the Peach State increased by just 0.2%, down from 0.8% growth recorded a quarter earlier.