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Toreson Lloyd was a vice president of relationship management at WorldPay and a business development manager at American Express before joining London-based APEXX.

While approval is likely in the Republican-dominated House, a Senate bill needed for the plan to become law would face a tougher path because the party’s narrower majority in that chamber.

The $71 million transaction is the latest in a series of acquisitions by Seacoast in recent months.

The Arizona company said Kenneth Vecchione would be a candidate to eventually replace CEO Robert Sarver.

Regulators are calling for the boards of the three separate faster-payments initiatives to review and endorse the consolidation plan and complete most of the consolidation before the end of 2017.

First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition.

Even as consumers embrace digital payments in the U.K., the value and amount of cash in circulation remain high.

Las Vegas-based credit union has rolled 20 consecutive quarters of positive earnings.

Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price.

The acquisition will make the Tennessee company one of the biggest banks in the Southeast, with assets of more than $40 billion.

Second settlement of the week pushes recoveries by the regulator from MBS suits to $5.1 billion.

Canadian bank CIBC has removed its mobile payment app from the Google Play Store and ended support for it, opting to support mobile payments via Apple Pay and Samsung Pay.

The announcement comes following the signing of a bill legalizing prize-linked savings programs at financial institutions.

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

The credit union's facilities remain undamaged, but the worst may still be to come if a local dam crests later this week.

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

Visa Inc. has partnered with Dallas-based Active Network, whose customers organize activities and events, to make Visa Checkout available as a payment option at events in the U.S., Canada, Ireland and the U.K.