Location Root Tag

Several banks and industry groups are pledging money to help bankers and their clients recover from the hurricane and its aftermath.

Their immediate effort is to ensure colleagues and clients are safe and that banking services are available to hurricane victims. The next big issue is preparing for the financial hit banks and customers will take from wind and water damage.

An Australian company is introducing its own version of bitcoin that will let homeowners and businesses sell excess energy generated from their rooftop solar panels to neighbors, without a middleman taking a cut.

Studio Bank aims to become the first de novo in Nashville in nearly a decade.

An episode of "Oprah" changed how this North Dakota bank thinks about corporate giving. But the way it distributes donations is not the only thing that sets it apart. Call Michael Solberg crazy if you want, but he says the results validate Bell's philosophy of generosity.

With Hurricane Harvey rapidly making its way toward the Texas coast, lenders and servicers have activated business continuity plans to accommodate pending transactions and provide options and support to existing borrowers affected by the storm.

An ex-banker running for governor has proposed the idea. It's a political perennial, but industry officials are nonetheless raising concerns.

Uber India this week announced its integration with Unified Payments Interface (UPI), the mobile payments technology developed by the government-sanctioned National Payments Corporation of India and two local banks, expanding mobile payments access to Uber riders and drivers.

Chinese tourists visiting Malaysia can now use their Alipay mobile wallet at all 242 Starbucks locations in the country.

Many financial institutions have activated their emergency centers, closed branches and stocked ATMs in advance of landfall.

Former lawyer Kenneth Lehman will pay at least $10 million for a controlling stake in ABB Financial in Atlanta.

The advancement that we are seeing in terms of API Banking in the payments domain makes it evident that the overall banking system is moving toward an open banking framework, writes Satya Swarup Das, a senior architect for the global banking practice at Virtusa.

The parent of State Bank in New Hampton has agreed to buy the holding company for Peoples Trust & Savings Bank.

Bank Mutual was still in talks to buy a bank roughly its own size when it began exploring a sale. The move allowed Bank Mutual to quickly find a buyer after its planned acquisition fell through.

The agency's statement comes as Tropical Storm Harvey gets closer to the Texas shore.

E-commerce cross-border payments provider dLocal has updated its platform in India, enabling global e-merchants to accept and remit payments through all local methods and target the mobile consumer in the country.

Home will add 12 branches and nearly $600 million in assets when it completes the acquisition.

Austin, Texas-based CU has seen growth in auto, mortgage and commercial lending.

The Madison, Wis.-based credit union's new base pay level will be more than double the state minimum, and is the final step in a phased increase to the CU's "foundation wage" that began last year.

Bank of the Ozarks, Home BancShares and Simmons First have used acquisitions and a business-friendly environment in their home state to become regional powers.