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With Brexit on the horizon, the volatility of the U.K. financial market has created an increased demand for more flexible financing among small and medium-sized enterprises. But a decade on from the 2008 financial crisis, the loans available for SMEs are still restricted by regulations on the total amount of capital that banks must hold.

Ripple's cross-border payments engine is gaining share in India, where it's partnering with Currencies Direct to deliver real-time remittances through Ripple's xCurrent payment protocol.

The California congresswoman would be the first woman and first African-American to lead the committee.

Balances from the 52 branches Flagstar bought from Wells Fargo fell by 22% between the deal's announcement and closing, forcing the Michigan company to adjust the math for earning back tangible book value.

Associated will gain low-cost deposits and branches in 13 new markets after the deal closes.

The Bank of England is upgrading the U.K.’s Real-Time Gross Settlement system. Separately, the U.K. payments authority is developing a New Payments Architecture that will upgrade Britain’s Faster Payments real-time retail system.

The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.

Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.

Credit card fraud is on the rise in the U.K. with more than $2 billion being stolen from credit and debit cards over the past twelve months, an increase of 38% on the previous year. But while large scale data breaches have been heavily blamed for this surge in crime, ex-fraudster Tony Sales says one of the most pertinent reasons is a persistent lack of understanding within the financial industry of how criminals operate.

James Reynolds will become the president and CEO of the New York institution after James Doig retires.

The regional bank is working with customers to help develop and launch new products, including a small-business credit card.

The New Jersey company terminated an acquisition after being hit with the order in 2016.

The company has agreed to by $145 million for Bridgeview Bancorp.

According to data from the NCUA, the industry had double-digit increases in several key metrics even as the number of institutions continued to decline.

Merchants has agreed to buy NattyMac, a company it has been in business with since 2014.

Walmart is already a retail heavyweight, and it has never shied from innovative projects to change the way people pay.

A London stock market minnow is teaming up with a heavyweight soccer executive to use blockchain to tackle ticket scalpers.

Sunrise Banks in Minnesota, which has a mission of helping underserved communities, also provides compliance services to fintechs with a similar mission.

The Oregon-based institution deposited the bonus in members’ high-yield accounts Wednesday.

At $3.3 billion in assets, the combined organization would be the second-largest CU in Washington state.