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Community bankers take pride in their personal touch with customers, but they must extend it to mobile platforms. A good start is creating digital hubs that let customers view their full financial picture in one place, a chief technology officer says.
August 21 -
Eagle Bancorp Montana is gaining four branches and $94 million in deposits with its $19 million purchase of Big Muddy Bancorp.
August 21 -
Our phones are rapidly becoming a massive single point of failure in our digital lives.
August 21 -
The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages.
August 21 -
Canadian banks will likely report profit gains of as much as 10% in the third quarter as four rate increases by the Bank of Canada make consumer and commercial loans more profitable.
August 21 -
Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.
August 21 -
Air Canada and its banking partners sweetened their bid for Aeroplan, winning over Aimia’s board and an activist shareholder that was seeking a higher price.
August 21 -
The financial technology services company leverages credit data.
August 21 -
Seven months have passed since the U.K.’s biggest banks were mandated to release open APIs for their customers’ account information under open banking and European Union PSD2 regulation. The process was completed by mid-April, but it fell short of creating a truly open system for data sharing.
August 21 -
A Florida politician who has run a pro-medical marijuana campaign said Wells Fargo closed her account over her ties to the industry, adding that the incident was an example of the challenges legal cannabis businesses face from the U.S. financial system.
August 20 -
Farmers & Merchants will pay $89 million for the parent of Bank of Geneva.
August 20 -
One community bank decided it can build closer relationships with business clients by hosting events to help them learn how to fortify their cyberdefenses.
August 17 -
The Oakland bank has raised $25 million through a private placement of common stock.
August 17 -
To date, payments companies have feared common biometric methods such as fingerprint or iris scanning are unreliable and susceptible to hacking. However, there’s growing evidence that finger vein ID could prove more palatable.
August 17 -
The Michigan company had been operating under the supervisory agreement since 2010.
August 17 -
After warnings of an impending major ATM cash-out had bank security teams working overtime last weekend, crooks made off with over $13 million over the weekend in a double attack on India’s venerable Cosmos bank.
August 17 -
CO-OP Financial Services is currently pilot testing the new data-driven tool with credit unions in its shared branching network.
August 17 -
Craig Kauffman had been a regional executive for Susquehanna Bancshares and BB&T.
August 17 -
Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.
August 17 -
Cook has been with the credit union since 2015, and his appointment to the top job follows months of tumult after the previous CEO was fired in March.
August 17




















