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The company, which had launched an at-the-market offering in late May, plans to use the proceeds for organic growth.

Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.

U.K. startup Flux has signed up a few banks for its platform that delivers real-time receipts to mobile banking apps. The problem is that few retailers are interested, and experts say that’s not likely to change any time soon.

Modulr Finance, a U.K. payments application interface provider, is providing a service level agreement for business-to-business payments that guarantees automation for high volumes of complex payments at any time.

Bank of McKenney rebranded itself as Touchstone Bank after its merger with CCB Bankshares.

Credit unions based in California, Michigan, Illinois and South Carolina have rejoined the CUSO’s fold.

Australia has a high ratio of consumers using contactless payment cards, while mobile payment adoption has lagged because of some large banks’ aversion to supporting Apple Pay and slower uptake in the region for Android Pay.

National Payment Corp. of Vietnam (NAPAS) and Ant Financial Services have signed a memorandum of understanding for a strategic partnership extending acceptance of Ant’s Alipay wallet to Vietnam.

The company hired Kevin Thompson, a CFO with big-bank experience, to take over its top financial post. Once a fast-growing bank, Opus has spent recent months cutting costs and exiting certain business lines.

Louisiana-based credit union says its request is one of the largest ever approved by NCUA.

The acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio.

The company will pay $53 million in cash and stock for Signature Bank.

Transit transactions will increase card use and loyalty, and will generate the same sort of reputational boost London enjoys with Oyster, writes Andrey Tikhonov, director of payment technology for Infinite Peripherals.

In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York Mellon.

The election of Democrat Phil Murphy as New Jersey's next governor is being hailed as a victory for advocates of state-owned banks. But challenges remain — namely, stubborn opposition from mainstream banks.

The planned sale will also include $70 million of loans in southern California.

A new ad campaign aims to differentiate the credit union from big banks.

The company has reapplied to buy Civic Bank more than a year after a regulatory snag forced it to put the deal on ice.

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.

SDCCU’s member base increases 10.4 percent in one year, total assets up to $8.2 billion.