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Matthew Prosseda, former president and CEO of First Keystone Community Bank, was hired by Kafafian Group to advise banks on strategic planning.

Both PayPal and Citigroup are taking a bigger role in the market for cross-border payments, a strategy that led both companies to participate in a $50 million round in PPRO Group, a U.K.-based cross border e-payment company.

The company, which is dealing with a lawsuit from the Federal Trade Commission tied to certain fees, hired Ronnie Momen from GreenSky as its chief lending officer.

The North Carolina city lost all its locally owned banks, but a fintech push and more favorable economics for de novos could lead to an entry-level resurgence.

The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.

One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal.

Under the Australian government’s direction, the country is implementing an open banking plan — but it's not going as far as the U.K. and EU have.

Paysafe Group will launch an in-store and online installment payment service to serve a growing appetite it sees in the U.S. and Canada.

Within its complaint, a Long Island housing group claimed the CU violated state laws against discrimination, as well as the federal Fair Housing Act.

Overreliance on the smartphone risks mistaking device authentication for user authentication.

The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.

Worldpay and Mastercard have formed a global strategic partnership, expanding the ways consumers and merchants connect for online and in-app payments via Mastercard’s Vocalink business.

Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.

P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.

New service provides credit scores to members via mobile, home banking.

Mastercard has become the latest major card network to suffer a high profile crash. With its Thursday incident coming hard on the heels of Visa’s crash last month many experts wonder if blockchain technology could prevent future card network outages.

The Pittsburgh regional detailed plans to enter a number of new markets with its digital bank and carefully chosen branch openings.

The department of Transport for the West Midlands is looking at how to provide a smart ticketing system to ensure that contactless card users get the best rate on a journey.

LAFCU will now serve more than 63,000 members with $670 million in assets.

When current CEO Jerry Ragan retires next month, Brian Albrecht will take over at the helm, having started with the credit union 10 years ago as a member service representative.