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Only one CU in West Virginia wants to enter the pot banking space, but they're going against the grain not just of the state's credit union league but an industry where fewer than 1% of institutions are serving that market.
July 3 -
It’s too early to measure the market effect of New York City's contactless transit payment acceptance pilot launched barely a month ago, but many merchants in the immediate area may not be ready if demand spikes.
July 3 -
It took the Brooklyn-based credit union 15 years to double its assets from $1 billion.
July 2 -
Theresa LaPlaca, one of four new directors at the company, ran an office Wells formed to address issues tied to its sales and reporting practices.
July 2 -
Breaking from its playbook as a conservative lender, Provident Financial in New Jersey is working with a fintech to offer unsecured loans online.
July 2 -
The $60 million acquisition will allow ACNB, which is based in Pennsylvania, to enter a new market.
July 2 -
The deal comes less than a week after the Louisiana company raised nearly $11 million.
July 2 -
PayPal is working with Visa to enable consumers and small businesses in Canada to move funds instantly from PayPal to their bank accounts using Visa’s debit push payments service.
July 2 -
EVP Dan Terada is set to take over following the longtime CEO Neal Takase's retirement.
July 2 -
The California company will pay $39.4 million for the parent of First State Bank of Colorado.
July 2 -
FamilyMart and 7-Eleven Japan are using mobile payment technology to compete with each other and attempt to manage the country's labor shortage.
July 2 -
An employee at a Canadian cooperative recently stole nearly 3 million members’ personal data. Here’s why it matters to U.S.-based credit unions.
July 2 -
India’s soaring digital payments market has prompted Mastercard and Visa to increase their investments in India, targeting one of the world’s largest cash displacement opportunities while complying with local regulations such as expensive data store requirements.
July 2 -
The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.
July 1 -
Membership continues to rise across the Wolverine State, though at a slower pace, but lending overall is on the decline.
July 1 -
Trustar Bank is set to debut in northern Virginia in July.
July 1 -
The thrift had been known as Boiling Springs Savings Bank.
July 1 -
Dennis Zember Jr. stepped down as the Georgia bank's CEO, citing personal matters. Palmer Proctor, an executive at the recently acquired Fidelity Southern, succeeded Zember.
July 1 -
The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so.
July 1 -
Mike DeShazo was selected to lead the San Diego institution after Ann McClure stepped down.
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