Location Root Tag

Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.

Spirit Community Bank is the 15th bank to get the agency's approval this year. That list also includes Community Bank of the Carolinas, which was approved in early December.

The U.S. fintech hopes its service will help encourage financial inclusion in Mexico, where 65 percent of the population is in the informal economy.

James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.

A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.

U.K. credit card spending rose an annual 7.5 percent in November, as consumers increasingly prefer to spend on plastic, according to UK Finance.

The branch closures will reduce overhead by an estimated $1.9 million a year.

The 2019 outlook for China’s cross-border e-commerce sector remains positive due to strong consumer demand, favorable regulations and tech-savvy shoppers’ interest in convenient mobile pay options, writes Franklin Chu, managing director for Azoya USA.

HarborOne Bancorp — led by James Blake, one of our five community bankers to watch in 2019 — is a former credit union that recently made its first bank acquisition and has Boston and other markets in its sights.

Visa has a deal to acquire the London-based bank payments provider Earthport for 198 million pounds ($250.6 million U.S.), pending approval from Earthport's shareholders.

India has tightened rules regarding how foreign e-commerce platforms are allowed to sell goods in one of the fastest growing online markets, a potential blow to companies like Amazon.com Inc. and Walmart Inc.’s Flipkart.

The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date.

The Jacksonville, Fla.-based credit union purchased the facility from Atlantic Coast Bank for $2.2 million.

Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May.

The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.

Greater Commercial Lending has targeted making loans in some unique sectors, including mining and renewable energy, after launching in January.

The settlement of a fight with an insurance company over officer and director coverage yielded a $6 million payout for FNCB in Dunmore.

China's Ant Financial, the Alibaba payments affiliate that operates Alipay, is reportedly in the advanced stages of talks to buy WorldFirst, an international payments provider based in London.

Nestled among the waves of tourists and commuters near Grand Central Terminal is a spot were a “no cash” store is working, free from political pressures. But its success still suggests that paperless payments are a niche play.

The Massachusetts-based institution has paid out over $10 million to its members since 1996.