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Technology provider will operate as a CUSO of Connecticut-based credit union.

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

A fintech that has grabbed a sizable chunk of the Australian digital payments market has made some quick merchant scores for its American launch.

Despite strong growth in the auto sector, credit unions continue to push to get members who join via indirect auto lending to add products and services, and fully engage with the CU.

Royal Bank of Canada introduced a wave of technology initiatives in a bid to attract more tech-savvy customers who embrace a digital lifestyle.

Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch.

The world’s most profitable car manufacturer is investing $1 billion in Singapore’s Grab Holdings Inc., valuing Southeast Asia’s largest car-hailing service at just over $10 billion.

The bank's head of investment management said Wednesday that his unit has eliminated dozens of high-cost funds over the last two years and replaced them with more passive and enhanced actively managed funds.

Park Financial has agreed to buy shares from one of the founders of Mesaba Bancshares.

From YouTube test drives to subscription services, auto lending isn’t what it used to be – and credit unions need to ensure they’re keeping up with the times.

The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares.

The company, which has completed eight acquisitions since 2015, agreed to buy City Bank and Trust in Oklahoma.

Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.

A bill moving through the California Legislature seeks to tame the largely unregulated world of online small-business lending. If passed, it would be the first of its kind nationally, but so far it has failed to satisfy either the industry or its critics.

An affiliate of MatlinPatterson will reduce its ownership to 48% from more than 60% after selling 8 million shares.

The Virginia-based CU cited the need for greater automation to continue its growth.

Wong was placed on administrative leave in February and arrested in May in connection with alleged embezzlement and fraud at the credi tunion.

The internet-only bank plans to offer businesses a way to quickly open accounts online.

Legislation with bipartisan support would raise the threshold for reporting suspicious activity, a goal banks have long sought.

Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County.