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Shelley Siefert will also become the bank's president in May.

Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.

Divido, a London-based retail finance marketplace platform provider, has raised $15 million in a Series A capital round that includes American Express and Mastercard as investors.

OMNI Community Credit Union's new hires regularly say 'I'm going to retire here," and the CU designs leadership programs to retain staff for the long haul.

Organizers of Watermark Bank aim to open early next year.

The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.

In a continued effort to expand beyond China's borders, China UnionPay will reportedly work with a U.K. company to issue issuing virtual corporate cards next month in Europe.

There was no major damage reported after the storm, though one of the nation's largest credit unions was forced to temporarily shutter as many as 20 branches.

A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall.

InFirst FCU heard employees' concerns when a new benefits plan wasn't working out, and that responsiveness contributed to just 3% staff turnover for 2017.

Olson ran a bank founded by his father in his hometown of Fergus Falls, Minn., before a long career in Washington.

The growth and dominant market share position of payment cards in U.K. retail sales is prompting a new pushback from retailers who are wary of rising network fees.

Dale Turner, current EVP at San Diego County Credit Union, will take the helm at Minneosta-based Firefly CU later this year.

Swedish financial services provider Klarna Bank has boosted its U.K. foothold by agreeing to buy merchant bankers Close Brothers' retail financing portfolio.

This is the second such pact the Great Lakes State has entered in order to make interstate branching for state-chartered credit unions more accessible.

The Delaware company said it recouped nearly two-thirds of the costs it incurred as part of a legal settlement reached earlier this year.

Philadelphia Mint FCU has lost money for each of the last several years.

Fresh off the heels of having recently raised capital of more than $12 billion in its latest funding round before a potentially lucrative IPO, Ant Financial Group, the operator of Alipay, is rapidly expanding its acceptance network outside of China.

Cape Cod Five Cents Savings Bank has transformed its summer intern program so that it is more structured and attracts students who could see themselves staying in the industry.

Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.