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Sarah Spooner moves from chief financial officer to the corner office.

PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments.

The Canadian government is consulting with the country’s banking industry on opening up Canada’s payments infrastructure to nonbank payment service providers and fintechs, in a far-reaching move to spur innovation and competition.

As the trade war ramps up, some cross-border payment companies are steering into the storm by selling lower-cost automated processing as a way to offset expensive supply chains.

It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures.

About a month after Visa's European outage, Mastercard encountered a similar glitch for a brief period of time on Thursday.

Barb Brown will retire on Jan. 1, 2019, with new CEO Doug Wolf set to take the helm this fall.

While the Small Business Investment Companies program has reported disappointing results since its 2015 peak, participating funds are getting more looks from curious bankers.

The Germantown, Md.-based credit union serves more than 14,000 members and holds about $130 million in assets.

The New Jersey company will pay $76 million for a bank with a low loan-to-deposit ratio and an SBA lending platform.

The West Virginia company will pay a total of $118 million for Poage Bankshares and Farmers Deposit Bancorp.

Mark Turner will retire at the end of this year. Rodger Levenson, the company's chief operating officer, will take the helm.

The Bank of England, together with the Financial Conduct Authority and the Prudential Regulation Authority, has cautioned U.K. banks to prepare for cyberattacks and technical failures.

The Senate bill, designed to close a loophole in the state's interest rate cap and was closley monitored by the Ohio Credit Union League, must still be reconciled with a similar measure that was passed by the Ohio House of Representatives.

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.

In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins.

Moxy Bank would focus on low- and moderate-income depositors in the nation's capital, while operating a lending platform in North Carolina.

Member Business Lending is a Utah-based provider of commercial, small business lending origination for credit unions.

Financial institutions are beginning to get on board with the global fight against climate change, but they are still trailing pension funds and insurance companies in putting these concerns into action.

This is the trade association’s 15th such filing in response to disputes regarding credit union websites and the Americans with Disabilities Act.