Location Root Tag

Electronic payments processor Mobile Credit Payment has launched an app that allows small businesses to invoice customers through social media channels and accept various payment methods.

Two of the credit union movement's biggest names are teaming up to help CUs better tackle big data.

The payments technology that powers international trade is crucially important because it helps streamline the processes and trim the costs of conducting business overseas, according to Darren Hutchinson, head of commercial in the Americas for WorldFirst.

The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.

Credit unions across the mid-Atlantic are bracing for Hurricane Florence, with many closing their doors and not expecting to reopen until next week.

Regulators have approved the merger of Vibe and Okland County Credit Unions, which is expected to take effect early next year.

Maria Tedesco's duties will include oversight of commercial, business and consumer banking at Union Bank & Trust.

Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.

Varo Money just received conditional approval from the OCC. Now it has to raise capital, create a CRA plan and get a go-ahead from the FDIC.

A former employee in the VyStar Credit Union mail room has been charged in a case involving mail fraud and millions of dollars in stolen stamps.

The Tennessee regional said the sale should boost quarterly profit by $160 million.

The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.

The highly lucrative remittance business, once the sole purview of established players with large agent-based locations such as Western Union and MoneyGram, is under an all-out attack by digital fintechs.

The law could further boost the state’s already vibrant financial services sector as well as spur additional innovation across the state’s economy, writes Valentina Isakina, financial services marketing director for JobsOhio.

With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week.

Entrust Financial CU plans to merge into ValleyStar CU to create a $500 million institution.

NAFCU has canceled its annual Congressional Caucus in Washington in advance of the storm as credit unions in the Carolinas and Virginia do what they can to prepare and, in some cases, begin evacuations.

Happy State Bank and others use rewards, rather than punishments, to encourage employees to stay vigilant and catch fraud and cybersecurity issues.

Bankers in the East Coast hurricane's path — and everyone else — can learn from those who have survived natural disasters.

Just days after Honolulu-based Hawaiian Financial announced its rebranding, the credit union has merged with nearby Times FCU.