Location Root Tag

Cash may no longer be king in India. The nation’s nascent digital economy stands to be the biggest beneficiary of its strongest crackdown on corruption since 1978.

Voters in South Dakota on Tuesday overwhelmingly approved a measure to cap interest rates on payday, installment and auto title loans at 36%, while rejecting a competing amendment sponsored by a large payday lender.

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.

HomeBancorp in Tampa, Fla., has appointed several executives to expanded roles, all to take effect at the start of the year.

The $70 million-asset bank said in a press release that Thomas Dungan 3rd, Yong Li, Wendy Mitchell and Paul Zhu have joined its six directors.

Seacoast Banking Corp. of Florida recently announced another bank deal just months after its biggest shareholder complained of subpar performance. The bank insists it is sticking to a long-term plan to build value.

Regions Financial in Birmingham, Ala., has appointed a former Citigroup executive and an agricultural industry executive to its board.

Samsung Pay has gone live in Canada – but only for a subset of customers using certain Visa cards from CIBC Bank.

Home BancShares in Conway, Ark., has agreed to buy the parent of Landmark Bank in Fort Lauderdale, Fla.

Carolina Financial in Charleston, S.C., has agreed to buy Greer Bancshares in South Carolina.

First United in Oakland, Md., is looking to raise up to $9.3 million through a rights offering.

The $408 million-asset company said in a press release that it completed a private placement of subordinated debt to accredited institutional investors.

As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws that have paralyzed much of the banking industry.

Prosperity Bancshares is hopeful it will be able to announce its next bank deal in the near future. Such chatter provides hope that Texas banks are moving past oil concerns and renewing merger talks.

The Justice Department has widened its investigation of Fulton Financial’s mortgage lending practices to include four new units.

China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies’ technology and hamstring their operations in the world’s second-largest economy.

Consumers increasingly are embracing contactless payments for smaller, routine transactions, with average transaction size rising slightly.

Gulf Coast Community Bank in Florida agreed to sell itself last month after spending six frustrating years trying to tackle credit issues and angling for a settlement tied to the Deepwater Horizon oil spill.

Customers Bancorp in Wyomissing, Pa., is raising another $52.5 million from the latest in a series of public offerings this year.

Nicolet Bankshares in Green Bay, Wis., has agreed to buy First Menasha Bancshares in Neenah, Wis.