Location Root Tag

Everything's in place for mobile payments to supplant plastic cards in the U.S. — except for a compelling reason for the transition.

The company said that Michael Segner had also succeeded Stephen Mourlam as its president.

Richard Murray IV was named chairman, succeeding John Holcomb III. Murray replaced Holcomb as CEO last year.

The Society for Worldwide Interbank Financial Telecommunication, or Swift, has named David Scola, a former Barclays exec, its new head of North America operations.

Tez, Google's payment app for the Indian market, is joining the Google Pay family in preparation for a global rollout.

Both of the credit unions being absorbed posted losses for 2017 and the first half of 2018.

The $2.7 billion-asset credit union is mobilizing support for relief efforts following floods in the southern central portions of the Badger State.

Canada’s credit unions have been losing out to the country’s banks in terms of business banking market share, and have struggled to keep up with the banks’ capacity for technological innovation. Central 1 wants to redress this imbalance in the credit unions’ ability to compete with the banks.

Jeanne Walker will leave Houston-based Southern Federal Credit Union later this year, with Credit Union Resources leading the search for a successor at the $93 million-asset institution.

Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.

The decision to adopt the name Axos Bank seems to put more distance between the company and its internet roots.

Many financial institutions are unaware that they're banking marijuana-related businesses, pot bankers and regtech experts say.

Larger community banks are favoring bigger targets — or relying more on organic growth — to expand.

A letter supposedly sent to U.K. bank customers warns that Barclays debit cards could explode. The letter then urges recipients to mail their cards, along with their PIN codes, to an address in Bangalore. But is this really happening?

Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition.

BNY Mellon, JPMorgan and Bank of America are recruiting interns from Year Up, many of whom lack college degrees but are trained in high-demand fields such as cybersecurity and anti-money-laundering.

After working to restore profitability and re-instituting growth policies, one CEO looks back on what it took to help a credit union change course.

Seacoast readily agreed to buy First Green Bank. The next step is determining which of the seller's programs, including car-charging stations and discounted rates for green projects, to keep.

Remitly’s moves are clearly in response to the growing competitive pressure being placed in a key U.S. outbound corridor.

A deceleration in mortgage balances ends CIBC's three-year streak of outpacing Canada's other large lenders on mortgage growth. Royal Bank of Canada said this week that mortgage balances were 5.9% higher than a year earlier.