Location Root Tag

Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash.

Bank of Montreal and Toronto-Dominion Bank are emerging as the banks of choice for Canada's burgeoning marijuana industry, even as some lenders shun the sector.

The company will pay $66 million for the parent of BloomBank.

The aid helps credit unions create community reinvestment and financial education initiatives.

In service now for a decade in Africa, India and parts of Europe, M-Pesa is expanding its telco-driven mobile money service to include tap-and-go payments through wristbands, stickers or cards.

The smaller credit union’s two branches have been integrated into Greater Nevada’s now 14-branch network.

What makes Shake Shack's cashless store so potentially powerful — even if it's only one location in Manhattan — is what the burger chain can do when every customer is known to it.

The merger will create a bank with 13 branches and roughly $950 million in assets.

You thought love triangles were complicated. The CEO of Sunshine Bancorp in Florida spoke with nine banks about buying the converted mutual while eyeing three possible acquisitions. The company sold to a buyer that bought another bank at the same time.

Competition between card networks, tech titans Facebook and Google, Chinese fintech proxies Paytm and Hike, and M-Pesa will be fierce, and offer signs how other large emerging payments markets may evolve, writes Eric Grover, a principal at Intrepid Ventures.

The desperation in Puerto Rico for life's essentials — food, gas, water and electricity — in the wake of Hurricane Maria illustrates the need for payments providers to move as quickly as possible to get the U.S. territory in a position to reinstate some semblance of modern commerce.

The Seattle company, which has cut about 130 positions in the business in recent months, pointed to lower originations tied to a shortage of new and resale housing.

The Western Independent Bankers will continue to offer conference and educational services as a division of the California Bankers Association.

The merger of Texas Trust and Qualtrust Credit Unions has been completed from a legal standpoint, though full integration and rebranding are not expected until 2018.

Canada's banking industry has issued a warning to government about giving Canadians more control of their own banking data: proceed with caution.

Current CEO Randy Bernstein is retiring after a 20-year career at the credit union.

Washington Federal is the latest bank to pull an application after being flagged for insufficient Bank Secrecy Act compliance.

After years of traditional job shadowing, a new initiative gives back office staff a taste of the challenges associated with member-facing positions.

Aberdeen Proving Ground FCU updates brand, honors roots.

Ned Handy, who will take the helm in March, wants to be more aggressive luring deposits in the company's home state. That should reduce its reliance on other funding sources to support loan growth.