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George Rudolph will take over at Pennsylvania State Employees Credit Union in April as the institution's current president, Greg Smith, retires.

The Georgia company will abstain from acquisitions this year as it looks to make internal improvements.

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.

Visa is working with handbag designer Rebecca Minkoff to debut a global program to fuel networking among women business owners, while also connecting them to companies in the Visa ecosystem such as Square and Yelp.

The San Francisco company's quarterly earnings also reflected higher wealth management revenue.

The company, which has yet to report quarterly earnings, said the moves will turn a profit over time.

India’s ICICI Bank is rolling out a loyalty program for consumers who regularly send remittances to India via the bank’s Money2India online platform and app.

Though it would be based in the nation's capital, MOXY Bank would also have significant operations in Charlotte, N.C.

The Chinese government is not formally considering Visa and Mastercard’s year-old application to process payments inside China, another signal of China’s almost constantly changing regulatory posture toward the American card brands.

The Gray, Tenn.-based institution has named Kelly Smith as its temporary leader after Ron Scott resigned to move closer to family. He subsequently passed away.

The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.

Despite the ongoing federal work stoppage, some scheduled activities are still taking place this week in Washington.

As the payment industry continues to innovate and expand across borders, it increasingly will need to be mindful of data regulations requiring data localization that multiply the complexities and cost of creating a seamless data flow and user experience, Alston & Bird’s Richard Willis and Laura K. Song write.

The South Carolina institution has returned more than $31 million to members over the last 22 years.

Heartland said the sales will allow it to focus on other operations.

The Michigan Credit Union League donated money to the Children's Miracle Network every time an institution posted a video of its employees dancing to "In My Feelings" by Drake.

New York’s BitLicense regulation, which has resulted in only four license per year, is due for an informed revamping, argues Phil Berg, a lawyer at Otterbourg.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

With government workers off the job, some credit union call centers are extra busy as worried members reach out with questions.

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