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New payment standards have banks worried about compliance costs, but there is an opportunity for innovation for aggressive institutions.

The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago.

The company will sell five branches in Wisconsin to an unnamed buyer. It also plans to close two locations.

Dean Odle takes over for Robin Lentz, who retired after 37 years at the helm.

EVP Randy Beck, an employee at Royal CU for more than 40 years, will put his retirement on hold to lead the credit union during the search for a permanent CEO.

First Commonwealth in Pennsylvania is turning to a third party’s specialized software as the CECL standard makes forecasting credit losses more complicated. Other banks could follow.

The European Central Bank issued a new 50-euros banknote April 4 across 19 countries in the euro zone, the fourth new bill for consumers in what is termed the Europa series and includes euro denominations of 5, 10 and 20.

After launching a mobile pre-order and pre-pay app at Five Guys burger locations in Paris and Madrid, Ingenico ePayments is preparing to make the system available at the chain's restaurants throughout Europe in the coming months.

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure.

The Office of the Comptroller of the Currency issued the directive following an interim examination.

American Express Co. must produce information to U.S. tax authorities seeking the identities of Dutch residents with debit or credit cards linked to bank accounts outside the Netherlands.

Opes Advisors has 39 locations in California, Oregon and Washington. The firm generated $3 billion in mortgages last year.

Texas Capital ties bankers’ bonuses to loan performance instead of volume. The strategy has aided recruitment and helped the bank achieve exceptional loan growth while keeping credit quality respectable.

The Buffalo, N.Y., company is filling gaps created when Mark Czarnecki, its former president, died in February after a battle with pancreatic cancer.

Live Oak Bancshares in North Carolina has hired Scott Custer to run its bank. Custer recently resigned as a consultant to F.N.B. Corp. in a move that took place days after F.N.B. bought Yadkin Financial, where he had been president and CEO.

The $19 million CU entered into conservatorship in August 2016

There's been a lot of funding flowing into technology that targets the spending of Chinese travelers as they visit other countries. But this narrow use case isn't the only opportunity for investment and innovation.

A new TV program airing in Rhode island will highlight financial literacy and the benefits of banking with with credit unions.

Coast Capital Savings, Canada's biggest credit union by membership, plans to expand beyond British Columbia to challenge the dominance of the nation's banks.

In addition to 11.5 percent loan growth and membership rising at its fastest rate since 1987, membership at Michigan's CUs is growing faster than the state's population.