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Citigroup plans to close three of its four London branches as the company seeks to cut costs and focus on digital services.

VA Desert Pacific FCU and East Idaho CU select outsourced delivery model of Episys core processing platform.

Mastercard has named longtime exec Rama Sridhar to the newly created role of executive vice president, digital and emerging partnerships for the Asia Pacific region.

Tencent Holdings Ltd. is planning to spin off its e-book business as it boosts spending on payments and content to lure users and keep them glued to its WeChat service.

Royal Bank of Canada has long been enthusiastic about payment technology that most other banks usually see as long-term projects.

Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business.

Ingenico ePayments, the online and mobile commerce division of France's Ingenico, has signed an agreement with Air China to accept Discover Card payments in North America, a key market for the Beijing-based airline, with plans to expand to other regions later this year.

Citizens will pay about $40 million in cash and stock for the $269 million-asset Wells in a deal set to close in the third quarter.

CU is rewarding members for activity in savings, loans and active products.

Daniel Trombley ending his lengthy career, Daniel Waltz to take over the helm.

Chillr, one of India’s growing number of mobile payment apps enabling person-to-person payments between customers of different banks, is expanding to 45 banks in the country.

Flipkart Online Services Pvt has completed a $1 billion fundraising and aims to raise as much as $1 billion more over the next few months, according to people familiar with the matter, giving India’s largest e-commerce company capital to battle back against rising competition.

Bay Street's highest-paid female banker set a new benchmark for women executives in the banking industry — though their ranks among the top wage earners remain thin.

Gerard Nadeau has been the company's top commercial lending executive since 2007.

Gulf Winds FCU immediatley assumed the failed credit union's members and deposits.

H. Palmer Proctor has been the Atlanta company's president since 2004.

Mike Newman, CEO of Monroe County Community CU, suffered a heart attack while shoveling snow.

Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation.

Paytm, the Indian mobile payments startup backed by Alibaba Group Holding Ltd., has begun its global expansion by launching a mobile bill and tax payment service in Canada.

The Financial Consumer Agency of Canada will review the business practices of the country's banks after reports of tellers allegedly pressuring customers to buy products to meet sales goals.