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Australia is the latest country to enable Faster Payments with the February 2018 launch of the New Payments Platform. It's 10 years behind the U.K.'s version, but benefits from a decade of experience and observation.

Because of the Durbin amendment, the once-prized asset has become an albatross. Spinning it off will remove a distraction and let management refocus on business banking.

The Las Vegas-based credit union keeps quarterly winning streak alive, posting $2.19 million in net income in Q1.

Boiling Springs Savings Bank said James Nesci, formerly of TD Bank, will manage its operations and create a strategic plan.

The $350 million acquisition is among the biggest bank mergers announced so far this year.

The Boston-area bank will add branches near New Hampshire after buying the cooperative bank.

For one California bank, the biggest challenge was finding equity investors to participate in deals.

Capitol Federal will enter commercial lending for the first time in its 125-year history after it buys Capital City Bank.

The two Wisconsin-based credit unions say bringing the two organizations together would bring an "enhanced experience" to members.

The California-based CU gave Credit Union Journal a behind-the-scenes view of what can be a painful process, while another expert offered best practices for CUs considering similar moves.

A new sign at the Pennsylvania-based credit union is drawing eyeballs – approximately 6.5 million per year.

CUNA and NAFCU have both submitted letters requesting civil investigative demands from the bureau be more specific as to the conduct under investigation.

Darlyne Keller replaces former CEO Michael Rosek, who left the Illinois-based credit union last year to take the helm at another CU in Minnesota.

Porter Bancorp in Kentucky spent years tackling credit and capital issues. As Limestone Bank, it will finally get back on offense.

Spirit of Texas Bancshares plans to raise $40 million to fund organic growth and acquisitions.

New features include an enhanced search tool, branch locator, guided content.

KS Bancorp wants to become a corporation in business-friendly Delaware, which would be more likely to back its defensive-minded share-rights plan.

In one of the biggest fundraising rounds for a European fintech this year, Revolut Ltd., a U.K. startup that provides digital banking, received $250 million.

Contactless payments have become increasingly popular in the U.K. over the past couple of years due to the advantages they offer in terms of speed and ease of payment — but despite this, much of the U.K. public does not trust the format.

E-commerce platform Magento is giving merchants the option to activate Klarna instant credit for online checkouts.