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Global testing laboratory FIME is opening its first office in China to meet demand for Chinese payment vendors expanding globally.
December 18 -
In a move designed to strengthen its capabilities for integrated payments, processor and technology provider Total System Services has agreed to acquire Cayan for $1.05 billion. The news shortly follows another deal valued in the billions — Thales agreeing to buy the chip maker Gemalto for $5.4 billion.
December 18 -
The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.
December 18 -
The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.
December 18 -
The purchase will significantly increase Hancock's assets under management and administration.
December 18 -
A representative from Basswood Capital will become a director in May.
December 15 -
Loot has been in development since 2014 and has raised a total of more than $7 million thus far.
December 15 -
The credit union was conserved in order for the regulator to help "correct operational weaknesses."
December 15 -
Mary Greco will retire in January after a 38-year career in the credit union movement. She will be succeeded by Aaron Goff, former CEO of Greater KC Public Safety CU.
December 15 -
While at Klarna, Billingsley collaborated with Modo as part of a partnership between the two companies.
December 15 -
The switch was prompted by misperceptions that only students and teachers could join.
December 15 -
The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.
December 15 -
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.
December 15 -
Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.
December 15 -
Interac's e-transfer system has jumped in usage, and has become a gateway for myriad other services including a collaboration with MoneyGram.
December 15 -
The company also said it is likely that tax reform legislation being considered by Congress would substantially reduce the valuation of its deferred-tax asset.
December 14 -
The company, which had recently expressed confidence that the issue would be resolved, agreed last month to buy a bank in Florida.
December 14 -
Pay by Bank, an app developed in recent months by Mastercard’s Vocalink unit, is expanding as Germany’s Wirecard makes the service available to all of its U.K. merchants.
December 14 -
Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.
December 14 -
Ken Veccione, who rejoined the Arizona company earlier this year, is set to succeed Sarver.
December 14












