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Royal Bank, the first Canadian lender to report fiscal third-quarter results, saw a jump in profit from its domestic banking operations amid signs that the nation's economy is accelerating.
August 23 -
With the right focus and a little bit of pre-work, many companies can leverage ISO 20022 as the new global standard, writes Kate Risch Choi, a senior product manager for treasury and payment solutions at BMO Harris Bank.
August 23
BMO Harris Bank -
Bryn Mawr Bank has launched a mutual fund at a time when heightened competition and regulatory oversight are the norm.
August 22 -
Arvest agreed to pay nearly $400 million in cash for a bank with 42 branches in Arkansas, Missouri and Oklahoma.
August 22 -
Employee benefits initiative is offered by Corporate Central CU.
August 22 -
A federal regulator has agreed to review an advisory restricting Canadian credit unions' use of the words "bank" or "banking" in their marketing, but some say it will take more than that before credit unions can truly compete with banks there.
August 21 -
Fiserv's acquisition of U.K.-based real-time payments provider Dovetail Group Ltd. is a move made with a global vision in mind.
August 21 -
The $1.5 billion-asset company agreed to buy Southern Missouri Bancshares to expand into two strategically important markets.
August 21 -
Payments are getting more complex as business gets more global, adding channels and expanding ways to sell. Part of the strategy at the matchmaker crowdSPRING is to find a match of its own: AliExpress, Alibaba's online marketplace. It’s also considering a foray into virtual currency.
August 21 -
Monday’s eclipse is an astronomer’s dream, but CUs’ responses range from trying to make hay while the sun isn’t shining to preparing for potential disaster.
August 18 -
The latest draft of EU securitization rules would ban securitization of loans where borrowers certified their own income, raising concerns about banks’ ability to unload roughly $1 trillion of nonperformers.
August 18 -
The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.
August 18 -
China's Alipay already has broad global reach—its mobile wallet is accepted at more than 100,000 retail locations in 70 international markets—but in North America it’s just getting started.
August 18 -
Lynn Harton was finally named CEO of United Community Bank after a five-year apprenticeship, though Jimmy Tallent remains CEO of the parent company. The executives have long touted an ability to bounce ideas off each other as a reason for United's success.
August 17 -
Cash is still the most popular payment method in the U.K., but contactless cards and mobile payments gained significant momentum over the past year, according to new data.
August 17 -
CULedger, LLC is backed by CUNA, Mountain West CU Association, Best Innovation Group.
August 17 -
The Alabama company agreed to buy FirstAtlantic Financial for $108 million.
August 17 -
East Feliciana Teachers Credit Union had fewer than 400 members at the time the merger was finalized.
August 16 -
Recently retired CEO of VyStar CU in Florida lauded for service, leadership.
August 16 -
Three years after guiding the Baltimore bank through bankruptcy, the group that recapitalized it found a similar institution eager to form a new partnership.
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